1209 Sycamore St 10,837 SF Industrial Building Wilmington, DE 19805 $300,000 ($27.68/SF) 8.80% Cap Rate

Excellent opportunity to acquire two buildings containing a total of 22 storage units. 21 of these measure approximately 9' x 20', and are equipped with 8' wide x 7' high overhead doors. One of the units is a 30' x 40' space with a wider overhead door and is leased to a contractor for storage of tools and materials.
Investment Highlights
- Strong Cash Flow: Existing monthly rents range from $105 to $345 per unit, with current rates below market, creating an opportunity to increase income.
- Stable Investment: Low-maintenance property with minimal tenant turnover and a history of long-term occupancy.
- Leased Property: All occupied are under active lease agreements.
- Value-Added Opportunity: Below-market rents provide significant upside for future revenue growth.
- Flexible Financing: Partial owner financing available for qualified purchasers, meaning you could possibly purchase this property with no money down.
Portfolio Opportunity
A second self-storage property located at 806 S. Franklin Street, Wilmington, DE is also available. The properties may be purchased individually or together as a portfolio, offering investors the opportunity to expand their self-storage holdings with two established, income-producing assets.
Contact broker today for additional financial information, rent roll, and showing details.

22-Unit Rental Garages in Hedgeville section of Wilmington location. Low vacancy, low turnover..
Includes roomy shop/storage area. Steady income producing property.
806 S Franklin St also available by owner - 30 units at $450,000