For Sale in Wilmington, DE

35 buildings containing 154 apartments in an outstanding location on Lancaster Pike (Rt.48) near Greenville, DE and close to Dupont/Stoltz Barley Mill Plaza proposed development site. Very attractive assumable mortgage with approx. $3,862,000 remaining balance, 5.25% fixed interest rate, 30 year amortization with approx. 27 years remaining.. 66 one bedroom, 84 two bedroom and 4 three bedroom units. Tenants pay their own electric, heat, AC and hot water. 76 total buildings in complex, each owned fee simple and seperately parceled. Each building pays a monthly maintenance fee that includes water, sewer, trash removal and common area maintenance. Additional buildings available for sale.
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