41 Property Portfolio | Legacy Student Housing
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
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