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Student Housing Portfolio For Sale

101 CEDAR Crossing Salisbury, MD 21804

101 CEDAR Crossing, Salisbury, MD, 21804
$11,950,000
For Sale
$11,950,000

Student housing portfolio near Salisbury University with assumable debt.

Lot Size0.08 Acres
Days on Market230

Property Features for 101 CEDAR Crossing

General Information

Standard status
Active
Lot size
0.08 Acres
Property subtype
Commercial

Building Details

Year Built
1999
Listing agency Rinnier Development Co
Listed by William Rinnier · License #514904
Source Elliman
Added: Dec 3, 2025 Updated: Jul 10 at 12:49PM Checked: Jul 21 at 9:01AM

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Law Firm (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Bakery Grocery & Convenience Store Barber Shop

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

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.
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