Portfolio of Income Properties for Sale 6 Specialty Properties Offered at $3,026,720 CAD in Wilmington, DE

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. This constantly producing portfolio is 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 4 to 8 to 12 to 16yrs in length, once tenants move in they rarely want to move out therefore turnover rate is super low and SIMPLE to rum. EASY to rent units, 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 SCHOOLS. There are MANY REASONS why most Londonderry Tenants continue to rent LONG TERM. 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 an EASY TO MANAGE bundled package. Excellent rental potential and strong historical occupancy rates, literally ZERO VACANCIES for the past 2+ decades, normally just 2-3 days vacant while it being painted and cleaned in between tenants as the new tenant has already waiting to move in - this type of occupancy history is hard to find anywhere, the portfolio is being sold because the owners are moving the investment to be closer to their daughter
A FANTASTIC SOLID OPPORTUNITY SOLD at hard to find 7CAP rate !!!
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
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