Student Housing Development Land - University Orchard at Salisbury, Phase 2
Listing was updated at: 06/20/2019
Property Overview
Price/Rent PSF $ 3,500,000.00
Asset Type Land
Trade Type Sale
Acres Available 25.96
Date Available 06/20/2019
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Description

Location
Located less than 1/2 mile from Salisbury University main campus in a area with restaurants and shopping.

Sale
25.96 acres of development land located adjacent to the most desirable and nicest student housing complex for Salisbury Uinvesrsity. This would serve as Phase II of that the development call "The Orchard". The Comprehensive Development plan reflects 549 total beds with 2, 3 and 4 bedroom units. This development plan is fully approved. According to the engineering firm, the only approval needed is to update the stormwater management plan to meet the new stormwater management regulations for the state of Maryland.

Salisbury University employs 380 full time academic employees and has over 8,500 undergrads and over 1,900 post graduates.

Location