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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.Listed By:The Moving Experience Delaware Inc
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Property Details
Commercial Subtype:Commercial Buildings For SaleLot Size Unit (ft/acre):Square FeetLot Sq. Feet:352836
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Exterior Features
Sewer:Public SewerWater:Public
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Interior Features
Interior Features
Heating System:OtherCooling System:Other