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    Student Housing Portfolio For Sale Title is generated by Realmo AI

    101 CEDAR Crossing, Salisbury, MD 21804

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    For Sale
    $11,950,000

    Student housing portfolio near Salisbury University with assumable debt.

    Type:Commercial
    Lot size:
    0.08 Acres
    Added:
    Dec 3, 2025
    Days on Market:
    215
    Last Refresh:
    Jul 2 at 6:04 pm

    Property Features for 101 CEDAR Crossing

    General Information

    Standard status
    Active
    Lot size
    0.08 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1999

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    William Rinnier

    Listing office Rinnier Development Co

    Listing date Dec 3, 2025

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co

    HighLights

    • Prime location within walking distance to Salisbury University campus and across the street from the football stadium and sports fields.
    • Attractive assumable debt is available.
    • Portfolio of 58 units with a total of 228 bedrooms.
    • All units include washers and dryers.
    • Built new in 1999.
    • Opportunity to increase rental rates to match competitors.

    Overview

    Cedar Crossing is a student housing portfolio comprised of 58 individual units with a total of 228 bedrooms. Constructed in 1999, the wood-frame buildings feature vinyl siding and asphalt shingles. Interior finishes include vinyl wood, carpet, and vinyl tile flooring. Each unit is equipped with a complete kitchen including a refrigerator, dishwasher, and stove, as well as laminate and cultured marble countertops in the kitchens and bathrooms. Washers and dryers are included in all units. The properties are located within walking distance of the Salisbury University campus and across the street from the football stadium and other sports fields. There is potential to add amenities. The current rental rates are lower than most competitors. Addresses include 101-207 Cedar Crossing Rd.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Department Store Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pet Store & Service Pet Grooming Service Car Rental Facility Pet Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5705
    Latitude
    38.3596

    FAQs

    What type of property is this?
    Apartment building - Student housing portfolio near Salisbury University with assumable debt.
    Where is this apartment building located?
    The property is located at 101 CEDAR Crossing Salisbury, MD.
    What is the asking price?
    The asking price for this property is $11,950,000.
    What are key features of this property?
    This property features: Prime location within walking distance to Salisbury University campus and across the street from the football stadium and sports fields.; Attractive assumable debt is available.; Portfolio of 58 units with a total of 228 bedrooms.
    More about this property
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