Dover Real Estate Property For Sale

ROCHESTER DR, Dover , Delaware


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.

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MLS #: DEKT2005686
Price: $26,499,000.00
Waterfront: Waterview:
Building Name:
Dwelling Type: Five Or More Units
Year Built: 0
Lot Dimensions:
Acreage: 8.10
Dwelling Sq Ft: 353000.00
Garage: Other

Heating: Other
Cooling: Other
County Taxes: $0
City Taxes: $0
Water Fee: $0
Sewer Fee:
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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Map locations are approximate. Please contact our sales agent for additional location information.

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