University of Delaware Student Rentals Multi-Family FOR SALE


Newark, DE
$4,555,000 USD
302-383-5156
, Newark, DE for Sale
$4,555,000 USD
Multi-Family - FOR SALE
1/9
null | 5.83% Cap Rate

University of Delaware Student Rentals
Newark, DE


HIGHLIGHTS

  • Located in the heart of Newark, Delaware.
  • The portfolio benefits from immediate proximity to the University of Delaware
  • One of the region’s premier public universities with enrollment exceeding 23,000 students.
  • The properties are situated within Newark’s established student housing corridor, offering convenient access to campus
  • Main Street dining and retail amenities, public transportation, and major regional thoroughfares including I-95.

OVERVIEW

Zommick McMahon Commercial Real Estate is pleased to present this exclusive offering of eight (8) single-family student rental residences located in Newark, Delaware, in close proximity to the University of Delaware campus. This portfolio represents a rare opportunity to acquire a turnkey, income-producing student housing portfolio in one of the Mid-Atlantic region’s most stable university markets. The properties are being offered as a single portfolio. All properties are currently occupied with zero vacancy, generating strong in-place cash flow at a 5.83% capitalization rate.

ASK ABOUT THIS PROPERTY

Mark TraniZommick McMahon Commercial Real Estate, Inc.More Info
302-383-5156

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Mark TraniZommick McMahon Commercial Real Estate, Inc.More Info
302-383-5156

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