Garden-Style Apartment Complex with
For Sale
Contact for pricing
Pending
303 Crusader Rd, Cambridge, MD 21613
Garden-style apartment complex believed built in 1987 with 20 units, diverse HVAC, and an approximately 33-space surface parking lot.
Property SizeContact for details
Days on Market139
Property Features for 303 Crusader Rd
General Information
Standard status
Pending
Class
C
Total Parking Spaces
33
Property subtype
Multifamily
Investment Type
Owner/User
Building Details
Year Built
1987
Buildings
4
Stories
2
Units
20
Listing Agency:
Alex Cooper Auctioneers, Inc
Listed By:
Matthew Cooper · License #MD 594308
(410) 977-4711
Source:
Crexi
Added: Apr 20
Changed: Aug 8
Last Checked: Jul 29 at 2:10PM
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 Alex Cooper Auctioneers, Inc
Investment Insights
Based on property information with market context.
The Rambler Apartments is believed to be a garden-style apartment complex comprising 20 residential units across four buildings. The unit mix is believed to include 10 one-bedroom units and 10 two-bedroom units, with some two-bedroom units described as two-level townhome style. Kitchens are described as including a full-size refrigerator, electric stove, and garbage disposal, and baths are described as having tub/shower with vinyl surround, vanity, and toilet. Heating and cooling systems in the units are described as a mix of PTAC units, mini-split heat pumps, central HVAC, and some window units.
According to the rent roll provided by the management company, the property is currently 80% occupied. The site is described as being located along the east side of Crusader Road in Dorchester County, Maryland, and is believed to include an approximately 33+/- space surface parking lot.
According to tax records, the property was constructed in 1987. The Mortgage contains certain low-income housing restrictions/covenants; the USDA advised the Trustee that following the sale, any remaining restrictions/covenants (if any) will not be enforced against the purchaser, and the property is being sold free and clear of any low-income restrictions/covenants, subject to compliance with applicable federal and state tenant rights.
According to the rent roll provided by the management company, the property is currently 80% occupied. The site is described as being located along the east side of Crusader Road in Dorchester County, Maryland, and is believed to include an approximately 33+/- space surface parking lot.
According to tax records, the property was constructed in 1987. The Mortgage contains certain low-income housing restrictions/covenants; the USDA advised the Trustee that following the sale, any remaining restrictions/covenants (if any) will not be enforced against the purchaser, and the property is being sold free and clear of any low-income restrictions/covenants, subject to compliance with applicable federal and state tenant rights.
Key Highlights
- Garden‑style apartment complex believed built in 1987 with 20 residential units in Dorchester County, MD
- Unit mix believed to include 10 one‑bedroom/1‑bath units and 10 two‑bedroom/1‑bath units (some two‑bedroom units are 2‑level townhome style)
- Average unit sizes: 1‑bedroom averages ~543 SF and 2‑bedroom averages ~709 SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 21613, MD
17,967
Population
9,331
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
153.7 sq mi
ZIP Area
117
Density / Sq Mi
$53,171
Median Household Income
$38,078
Median Earnings
$965
Median Rent
$279,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Garden-style apartment complex believed built in 1987 with 20 units, diverse HVAC, and an approximately 33-space surface parking lot.
Where is this apartment building located?
The property is located at 303 Crusader Rd Cambridge, MD.
What are key features of this property?
This property features: Garden‑style apartment complex believed built in 1987 with 20 residential units in Dorchester County, MD; Unit mix believed to include 10 one‑bedroom/1‑bath units and 10 two‑bedroom/1‑bath units (some two‑bedroom units are 2‑level townhome style); Average unit sizes: 1‑bedroom averages ~543 SF and 2‑bedroom averages ~709 SF
