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Rochester Dr

DOVER, DE 19901
  • $26,499,000
  • STATUS: Active
  • ON SITE: 157 Days
  • ID#: DEKT2005686
UPDATED: 20 min ago
$26,499,000
  • 0
    BEDS
  • 8.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

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.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dawn Wolf Team | RE/MAX PREMIER PROPERTIES. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-27T17:53:02.743.
www.dawnwolfrealestate.com/homes/124178871
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Rochester Dr DOVER, DE 19901

  • Price: $26,499,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 20 min ago
  • ID#: DEKT2005686
0
Beds
0
Baths
0
½ Baths
8.1
Acres
Neighborhood:
Capital (30802)
County:
Kent
Area:
Capital (30802)
School District:
Capital
Property Description
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.
Exterior Features

Construction Materials Mixed Garage YN No Parking Types Other Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 257000.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 353000.00

Property Features

Accessibility Features Elevator Business Type Apartment Building Central Air YN No Construction Completed YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Navigable Water YN N New Construction YN Yes Original MLSNumber 801251998642 Ownership Interest Fee Simple Possession Other Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 200.11 Tax Assessment Amount 7300.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of The Moving Experience Delaware Inc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dawn Wolf Team | RE/MAX PREMIER PROPERTIES. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-27T17:53:02.743.
 
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