70 E COLLEGE Avenue, FROSTBURG, MD 21532

Other
NZD $5,711,992
USD $3,250,000
Published on: 11 Jun 2026
Last updated on: 26 Sep 2026
70 E COLLEGE Avenue, FROSTBURG, MD 21532
70 E COLLEGE Avenue, FROSTBURG, MD 21532
70 E COLLEGE Avenue, FROSTBURG, MD 21532
+34
70 E COLLEGE Avenue, FROSTBURG, MD 21532
  • 34
Property ID: 110108695864
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Commercial Sale, FROSTBURG, MD

70 E COLLEGE Avenue, FROSTBURG, MD 21532
Huge student housing portfolio. 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). 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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
19,384.46 m2
Year Built
1935
County
ALLEGANY
Provider
Bright MLS
Brokerage Office Name
Tranzon Fox
Brokerage Office Phone
(703) 539-8111
Address
70 E COLLEGE Avenue, FROSTBURG, MD 21532

Nearby Schools

TypeSchool nameDistrict name
HighMOUNTAIN RIDGENot available
Not availableNot availableNot available
ElementaryBEALLNot available
Not availableNot availableNot available
MiddleMOUNT SAVAGENot available
Not availableNot availableNot available
JuniorhighMOUNT SAVAGENot available
Not availableNot availableNot available
Contact Agent
Jeffrey E Stein
Tranzon Key
3819 PLAZA Drive , FAIRFAX, VA 22030
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Jeffrey E Stein
3819 PLAZA Drive , FAIRFAX, VA 22030
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      Property ID: 110108695864

      Original Property ID: 3yd-TRENDPA-MDAL2014998
      Data provided by Bright MLS, MLS #: MDAL2014998
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