INVESTMENT HIGHLIGHTS- Prime Investment Opportunity: 6 Bundled Townhouses in popular North Wilmington, Delaware
Six CASH COW rental portfolio in an EXCELLENT location in North Wilmington near the Pennsylvania border
Private owner, 20+ years
INVESTORS DREAM - this super located and easy to rent portfolio is NOT a part of an HOA or a condo association ! RARE !! SO MANY POSSIBILITIES FOR MORE INCOME!
This is an AS / IS sale. This offering is for qualified investors looking to purchase the well preforming residential portfolio which has been recession & Covid proof.
This easy to manage income portfolio is located within the same development.
Tenants enjoy TAX FREE shopping in Delaware. Close to I95 & Amtrak for quick access to Philadelphia, NYC, Baltimore, Washington DC
TENANTS LOVE living in Londonderry, mostly long term leases 8+ yrs on average! EASY to rent, WALKING distance to Brandywine Mall anchored with Target & Lowes, Regal Cinema and other big box stores, restaurants and entertainment. Also WALKING distance to Concord High School and Concord Mall.
Delaware offers sales tax-free shopping, fantastic employment opportunities because it is a corporate friendly state and also has low state income tax rates.
This well performing portfolio is located just minutes from work and play, within the TOP school district etc
There are MANY REASONS why most Londonderry Tenants continue to rent LONG TERM - INVESTORS DREAM !!!
6 spacious townhouses in popular North Wilmington, DE
INVESTOR’S DREAM - this super located and easy to rent portfolio is NOT a part of an HOA or a condo association ! RARE !! SO MANY POSSIBILITIES FOR MORE INCOME !
WALKING DISTANCE to everything this popular area has to offer ! Tenants LOVE IT
Located in the sought-after Londonderry development in an upscale area with MILLION DOLLAR houses across the street
Tenants pay for Electric, Heat, Trash, Sewer and maintain lawn
Ideal for investors seeking a bundled package
Excellent rental potential and strong historical occupancy rates, ZERO VACANCIES for the past decade!
Convenient ACCESS to major highways, employment, shopping centers, restaurants and amenities, TOP RATED SCHOOLS
Each townhouse offers comfortable living spaces and ample parking
Sold as a packaged deal for added convenience and value
3205 Crystal Court, Wilmington DE 19810
3204 Crystal Court, Wilmington DE 19810
3107 Ruby Drive, Wilmington DE 19810
3210 Sapphire CT, Wilmington DE 19810
3100 Emerald Place, Wilmington DE 19810
3210 Emerald Place, Wilmington DE 19810
TAXES & OPERATING EXPENSES - 2023
ANNUAL
Gross Rental Income
$151,632
Vacancy Loss
$0
Effective Gross Income
$151,632
Taxes
-$13,569
Insurance
-$3,468
Operating Expenses
-$1,200
NET Operating Income
$135,568
NOTE: Tenant pays for Electric, Heat, Trash, Sewer and maintains the lawn.
These properties DO NOT belong to an HOA or condo association thus ease of management and flexibility to earn more income
Take advantage of the strong demand for rental properties in popular North Wilmington Delaware, coupled with the convenience of managing multiple units in one location. Don't miss out on this unique chance to optimize your investment strategy and secure your financial future.
Simplify your portfolio management and elevate your investment success with this exceptional opportunity.
Whether you're an experienced investor or seeking to expand your portfolio, this bundled sale presents a rare opportunity to acquire multiple properties in one of Wilmington's most desirable neighborhoods.
Sale Conditions
Bulk/Portfolio Sale
Cap Rate
6.1% +
Total Building Size
13,050 SF
Sale Type
Investment / 1031 Exchange
Townhouse
3205 Crystal Court Wilmington DE 19810
New Roof 2018 / New AC
Long term tenant / month-to-month rental
Monthly Rent $2,450
Townhouse
2175SF
Lot Dept 96’
Lot Frontage 20’
1979
3204 Crystal Court Wilmington DE 19810
New garbage disposal 2024
Long term tenant 8+ years
Monthly Rent $1,895 Annual Rental
Townhouse
2175 SF
Lot Dept 110’
Lot Frontage 20’
1979
3107 Ruby Dr Wilmington DE 19810
New Roof 2020
Long term Tenant 10+ Years
Monthly Rent $1,893 Annual Rental
Townhouse
2175SF
Lot Dept 110
Lot Frontage 20’
1977
3100 Emerald Place Wilmington DE 19810
End unit-large lot- Month to Month rental, Long term tenant
Monthly Rental $2,350 per month
Townhouse
3210 Emerald Place Wilmington DE 19810
Private back yard
Long term tenant
Monthly Rental $ 2,150 per month
Townhouse
3210 Sapphire Court Wilmington DE 19810
Finished basement
Private backyard
Long term tenant
Monthly Rental $1,898 per month
• Sold as a packaged deal for added convenience and value
3205 Crystal Court, Wilmington DE 19810
3204 Crystal Court, Wilmington DE 19810
3107 Ruby Drive, Wilmington DE 19810
3210 Sapphire CT, Wilmington DE 19810
3100 Emerald Place, Wilmington DE 19810
3210 Emerald Place, Wilmington DE 19810