Rochester Dr, Dover, De 19901

MLS Number
Dekt2005686
Status
Active
List Price
$26,499,000
Waterfront
N
City Name
Dover

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.

For more information about Rochester Dr contact us


Additional Information

Acres
8.10
New Construction
Y
Property Type
Commercial Sale
County
Kent

Exterior

Construction Materials
Mixed

Interior

Heating
Other
Heating Fuel
Other
Cooling
Other
Hot Water
Other


Listing courtesy of The Moving Experience Delaware Inc.