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Garden-Style Apartment Complex with Parking

303 Crusader Rd Cambridge, MD 21613

303 Crusader Rd, Cambridge, MD, 21613
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For Sale
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Garden-style apartment complex believed built in 1987 with 20 units, diverse HVAC, and an approximately 33-space surface parking lot.

Days on Market94

Property Features for 303 Crusader Rd

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1987
Listing agency Alex Cooper Auctioneers, Inc
Listed by Matthew Cooper · License #MD 594308
Source Crexi
Added: Apr 20 Updated: Jul 21 at 8:05AM Checked: Jul 21 at 8:05AM

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.

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

Location Intelligence

Current Use by Public Records

Rambler Apartments Apartment Building

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Daycare Center

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

FAQs

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
Contact an agent
(410) 977-4711 Call to check price and availability
More about this property
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