32 Locations For Sale

Auction online with bidding ending June 25th. This premier 43-property (59-unit) student housing portfolio in Frostburg, MD, offers an exceptional, turn-key investment opportunity directly serving Frostburg State University. This stabilized portfolio delivers immediate cash flow, strong historical valuation growth, and a built-in tenant pipeline right next to Frostburg State University (FSU).

Key Investment Highlights

• Immediate Income: Generated a proven $448,850 in gross income for the 2025 calendar year.
• Rapid Equity Growth: Appraised at $4,564,800 in 2022, with current algorithmic valuations tracking at $5,863,600, showcasing substantial market appreciation.
• Prime Location: Strategic cluster of 43 properties, all situated within convenient walking distance to the FSU campus, ensuring perpetual student demand.
• Risk Mitigation: Pre-leased revenue secured with numerous student leases already signed and executed for the upcoming 2026/2027 academic year.
• Scalable Operations: Rare opportunity to acquire immediate, dominant market share in a stable university submarket.

Location and Market Dynamics

Student housing success relies entirely on location. This portfolio sits in the sweet spot of the FSU off-campus housing market. Because every property is within walking distance of campus facilities, student centers, and local downtown amenities, these assets command a competitive edge over distant apartment complexes.

Financial Performance Summary

Metric Value Year / Source

Gross Revenue $448,850 2025 Actual

Recent Appraisal $4,564,800 2022 Valuation

Market Estimate $5,863,600 2026 Valuation

Portfolio Size 43 Properties Asset Count

Secure Your Next Asset

This portfolio is ideally positioned for institutional buyers, private equity groups, or syndicators looking to deploy capital into a high-yield, recession-resilient asset class. A comprehensive Offering Memorandum (OM), including detailed property addresses, unit mixes, historical expense sheets, and 2026/2027 lease agreements, is available upon execution of a Confidentiality Agreement.

Please see property KEY5189 at https://www.tranzon.com/key5189 for more information.

Price shown is opening bid. Bid your price at auction.