100 Kendall St - Apartments FOR SALE
Millsboro, DE 19966 |
100 Kendall St
Millsboro, DE 19966
HIGHLIGHTS
- Fully occupied, value add 10 unit apartment building with dedicated parking spaces
- Excellent unit mix: (5) two bedroom units / (4) one bedroom units / (1) Efficiency Unit
- Under market rents in all units - 1 Bedroom units 10% - 12% upside per unit & 2 Bedroom units 18% - 32% upside per unit
- Accessible location just off of Laurel Rd (Route 30) & Dupont Hwy (Route 113). Only 25 mins from DE beaches
- Major capital improvements: Roof (10 year warranty), All new windows, high efficiency plumbing, new HVAC systems in 6 out of 10 units
- Low inventory market with long term appreciation value
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Cloverleaf Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
4630
STORIES
3
YEAR BUILT
1980
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
133-16.20-1.00
