ROCHESTER DR Dover, DE 19901 -- MLS# DEKT2005686 Real Estate

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ROCHESTER DR
Dover, DE 19901
FOR
SALE
$26,499,000
For Sale
8.10
Acres
MLS# DEKT2005686
Listed on site 242 days since October 6th, 2022

Property Details

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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Property Highlights

Status
For Sale
Price
$ 26,499,000
Property Type
Commercial Sale
Acres
8.10

Location

County
KENT
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Other
Cooling
Other
Heating Fuel
Other
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Handicap
Elevator

Building Details

New Construction
Yes
Exterior Construction
Mixed

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$200
Ownership Interest
Fee Simple
Potential Short Sale
Standard
Listed by The Moving Experience Delaware Inc. Listing Data last updated 6th June, 2023 02:00 MST
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 6-Jun-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2023 Buying Buddy. All calculations should be independantly verified.
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Property History

242 days ago
Property Listed
Today
Property info last updated

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Listing information on this site was last updated 6th June, 2023 02:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MRIS MLS Real estate listings held by brokerage firms other than Coastal Real Estate Inc, may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing Data last updated: 6th June, 2023 02:00 MST
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