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101 Cedar Xing, Salisbury
$11,950,000
Cedar Crossing is a well located student housing portfolio for sale and has attractive assumable debt. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added. The portfolio consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washers and dryers. Addresses include: (units listed in the 'portfolio properties' are only 2 of the 58 total, see below for addresses:) 101-207 Cedar Crossing Rd.

101 Cedar Xing, Salisbury

Listing courtesy of Rinnier Development Co. Contact:

28646 Old Quantico Rd, Salisbury
$369,000
**Prime Development Opportunity With Rare Waterfront Potential!**. Includes two properties! These two parcels-28646 and 28650-totaling 1.15 acres, consist of 8 units and are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities. 28650 currently has a single family home with 28646 having two multifamily properties. Please note, not all units are currently rented or rentable. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request. With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities. The property is currently improved with 8 units and is professionally managed.

28646 Old Quantico Rd, Salisbury

Listing courtesy of HomeSource Pro Real Estate. Contact:

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