Rochester Dr, Dover, DE 19901

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CommercialFor Sale

$26,499,000

Rochester Dr

Dover, DE 19901

Listed by: The Moving Experience Delaware Inc, 3023997728

MLS: BRIGHT_MAIN

Est. Mortgage

$136,883/mo

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.

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This data is up-to-date as of 05/29/2023 10:32 AM. Listing provided by Jeffrey Spiegelman of The Moving Experience Delaware Inc.

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