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27786166
27886699

SFR Portfolio, Frostburg, MD 21532 For Sale

MG
MD VA 673899
Renaud Consulting
BD
Crexi Contact
Commercial Real Estate Exchange Inc
Listed by Renaud Consulting, Commercial Real Estate Exchange Inc
$5,000,000
264 days on market
Updated 173 days ago

41 Property Portfolio | Legacy Student Housing

Details
APN See: SFR Portfolio, Frostburg, MD 21532 Parcel Nos in vault
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio
Units 59
Beds 200
Broker Co-Op Yes

59 Units | 200 Beds

Marketing description

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Introducing Legacy Student Housing in Frostburg, Maryland! This premier investment opportunity boasts a portfolio of 41 properties, 59 units, and nearly 200 beds, located within walking distance of Frostburg State University, a Top 50 small college town. With the strength of being the largest off-campus housing provider in Frostburg and backed by over 20 years of local operations, this property offers a unique blend of historic charm and modern updates. Investors can expect a gross income of $456,000 annually, and high occupancy rates. This offering targets qualified operators, institutional buyers, and 1031 exchange participants looking to capitalize on market demand driven by university growth. Legacy Student Housing coveys with the properties, including but not limited to the LSH online e-commerce platform, goodwill, social media, and marketing accounts. With a strong tenant base of undergraduate and graduate students, an established team offering full maintenance and leasing support, and a strategic location close to campus, Legacy Student Housing presents a lucrative opportunity in the bustling educational hub of Frostburg!

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

· Close of Escrow: December 30th, 2025

SFR Portfolio, Frostburg, MD 21532

Investment highlights

  • 41 residential buildings including historic homes and multi-unit dwellings

  • 59 units with approximately 200 beds total, accommodating groups and individuals

  • Undergraduate and graduate students, high occupancy year round

  • In-house maintenance and leasing staff ensure smooth tenant experience

Listing Contacts

MG
MD VA 673899
Renaud Consulting
BD
Crexi Contact
Commercial Real Estate Exchange Inc
Listed by Renaud Consulting, Commercial Real Estate Exchange Inc

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Additional Information

Name
Matthew Gorman
License
MD 673899
Title
Broker of Record
Name
Matthew Gorman
License
VA 673899
Brokerage
Renaud Consulting
Brokerage Phone
2404606590
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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