59 Unit Student Housing Portfolio | Frostburg MD

Property feature image
Address: 70 E College Ave, Frostburg, MD 21532, USA
Washington DC + Student Housing
Created date: June 9, 2026
Date last updated: June 9, 2026

Auction of premier 43-property (59-unit) student housing portfolio in Frostburg, Maryland, 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.

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.

Property Description

43-property (59-unit) student housing portfolio in Frostburg, Maryland,  serving Frostburg State University.

Key Property Information

Listing Status: Available
Listing Type: Auction
Property Types: Student Housing
No. of Units: 43
Building Size: 1 Sq ft
Lot Size: 1.00 Acres
Opportunity Zone: No
Property Website Click Here
Address: 70 E College Ave, Frostburg, MD 21532, USA

Additional contacts

Full name Phone number Email address
Fernando Palacios 301-996-5190 [email protected]

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Brokers

View All

Lenders

View All