0 Bedrooms
0 Full Bathrooms
Half Baths:
0
Five Or More Units
Price:
$26,499,000.00
For sale is the Stonebrook East Apartment Complex for $26,499,000. The property is inside of the Stonebrook East Neighborhood coming second half of 2022. The raw land is approved for four buildings and 138 total garden apartment units. $192,000 +/- per unit is based on market rents for a 6 Cap rate and includes the Seller providing turn-key, completed buildings to a potential buyer. The neighborhood is inside of the City of Dover, within 1 mile of Delaware Technical College, and 2 miles to Rt 1. The property has easy access to all parts of the state.
Contact us about this property
MLS #:
DEKT2005686
Price:
$26,499,000.00
Waterfront:
Waterview:
Address:
ROCHESTER DR
Building Name:
Dwelling Type:
Five Or More Units
Year Built:
0
Waterview:
Lot Dimensions:
Acreage:
8.10
Dwelling Sq Ft:
353000.00
Dock:
Garage:
Other
Flooring:
Heating:
Other
Cooling:
Other
County Taxes:
$0
City Taxes:
$0
Water Fee:
$0
Sewer Fee:
$0
Association Fee:
$0
Condo Fee:
$0
Trash Fee:
$0
Ground Rent:
$0
Listing Broker: The Moving Experience Delaware Inc
Listing Status:
Active
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