Student Housing Portfolio - 43 Properties Frostburg, MD

Property Location MAP

Multiple Locations
Frostburg, MD 21532

Property #: KEY5189

Preview Times


TBD

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com

Fernando Palacios

301-996-5190 fpalacios@tranzon.com
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.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 6% Buyers Premium based on the high bid.
  • Closing: 45-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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