711 Windsor St - Apartments FOR SALE


Wilmington, DE 19801- Downtown Wilmington
$1,650,000 USD
302-598-4400
711 Windsor St, Wilmington, DE for Sale
$1,650,000 USD
Apartments - FOR SALE
1/16
null | 4% Cap Rate

711 Windsor St
Wilmington, DE 19801
Downtown Wilmington


HIGHLIGHTS

  • off street parking
  • modern renovations with hardwood flooring
  • open floor plans
  • value add

OVERVIEW

Rare value-add opportunity close to Wilmington’s Trinity Vicinity District. This well-maintained 2012 construction apartment building offers immediate cash flow with significant growth potential—a city-approved variance is already in place to add 4 additional units in the lower level, bringing the total to 16. All units are uniform 2 BR/1 BA layouts, simplifying management and turnover. Private parking on-site. Minutes from Downtown Wilmington. Ideal for investors seeking a stabilized asset with a clear path to increased NOI.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$157 USD /SF

# OF UNITS

12

PRICE/UNIT

$137,500

CAP RATE

4%

% LEASED

58%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

26R-4

APN/PARCEL ID

26-035.10-115,26-035.10-563

ASK ABOUT THIS PROPERTY

Lauren JanesCompassMore Info
302-598-4400

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Lauren JanesCompassMore Info
302-598-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.