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Location:


Southern Delaware

Property Type: Multifamily
Size: 204 Units
Price: See Broker for Details

Highlights:

  • 204-Unit Class A New Construction Apartment Community Located in Southern Delaware
  • Full Amenity Package Featuring Clubhouse, Fitness Center, Lounge, Pickle Ball Court, Pool Overlooking Scenic Pond, & Walking/Jogging Trail
  • Currently 100% Occupied - Rents Have Increased Throughout Lease-Up Period
  • Southern Delaware Submarket Experiencing Increased Tenant Demand as Residents Leave More Dense Urban Locations, in Search of More Spacious Units, Lower Cost of Living, and an Active Lifestyle
  • Opportunity to Purchase Class A Multifamily with Rental Upside at a Cost Basis Below Comparable Sales in the Mid Atlantic

Description:


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