Description
Daltons Mobile Home Park and Commercial Retail Center. A high visibility mixed use property on 7.6acres which includes a 1.83 acre Commercial zoned portion with 400" of road frontage on Route 40 in Bear, Delaware.
* This commercial zoned area includes a 4-unit, fully leased, and 1.2 acres of undeveloped area with road frontage on U.S. Route 40.
* Adjacent to the Commercial frontage is a 45 unit manufactured housing community on 5.77 acres. This
income producing property has a 96% occupancy rate.
* The total NOI for the Commercial retail center and Manufactured Housing Community is $300,000.
with a 6% cap rate.
* Great potential for additions and changes to increase maximum income.
- Fill two (2) developed vacant sites in the community
- Potentially add two(2) additional sites in undeveloped area at rear of community
-Develop commercially zoned 1.2 acre undeveloped area with frontage on U.S. Route 40
Location
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th May, 2023 1:52 AM (UTC)
