734 Pulaski Hwy, Bear, 19701
$5,300,000
MLS #: Denc2043078
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
Listing courtesy of Re/max Associates - Newark.
Exterior Features
Construction Materials
Concrete, block
Interior Features
Heating
Other
Heating Fuel
Oil
Cooling
Central A/c
Hot Water
Electric
Additional Details
Acres
7.60
Year Built
1962
New Construction
N
Property Type
Commercial Sale
County
New Castle
Lot Size Dimensions
0.00 X 0.00