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100 Kendall St
Millsboro, DE 19966
Cloverleaf Apartments · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Fully occupied, value add 10 unit apartment building with dedicated parking spaces
- Under market rents in all units - 1 Bedroom units 10% - 12% upside per unit & 2 Bedroom units 18% - 32% upside per unit
- Major capital improvements recently completed: Roof (10 year warranty), All new windows, high efficiency plumbing, new HVAC systems in 6 out of 10 uni
- Excellent unit mix: (5) two bedroom units / (4) one bedroom units / (1) Efficiency Unit
- Accessible location just off of Laurel Rd (Route 30) & Dupont Hwy (Route 113). Only 25 mins from DE beaches
- Low inventory market with long term appreciation value
Property Facts
| No. Units | 10 | Building Size | 4,630 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1980/2017 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | Q | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,630 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2017 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | Q |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 133-16.20-1.00 | Improvements Assessment | $42,900 |
| Land Assessment | $2,100 | Total Assessment | $45,000 |
Property Taxes
Parcel Number
133-16.20-1.00
Land Assessment
$2,100
Improvements Assessment
$42,900
Total Assessment
$45,000
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