Commercial Real Estate in Middletown available for sale
Middletown 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 50 kilometers of Middletown, DE, USA

More details for 1133 Ebenezer Church Rd, Rising Sun, MD - Specialty for Sale

Rising Sun Investments - 1133 Ebenezer Church Rd

Rising Sun, MD 21911

  • 1031 Exchange Property
  • Specialty for Sale
  • $5,557,650 CAD
  • 837,900 SF

Rising Sun Specialty for Sale - Cecil County

Greenhouse & processing facility on 32 acres...14.4 acres of glass & double poly greenhouses. processing building consists of 2450 sq. ft. of office space & 56,050 sq. ft. of warehouse in steel erection. Piva environmental control system, automated watering system, inline hot water heat, mix of pervious & impervious greenhouse floors, 896 sq. ft. fireproof chemical room, 2400 sq. ft. boiler room with 2- 400 HP superior boilers managed by 500,000 gal. oil tank, lg. Caterpillar Module SR64 backup generator, 7,000,000 gal. pond will manage the watering system with 3 backup wells. The septic system is an in-line sewer with large holding tank. The growing facility is divided into 2 sections. Section A contains 226,800 sq. ft. with a total plant bedding area of 163,200 sq. ft. The section was originally constructed in 1985 with an addition in 1999. The structure has a steel frame with a blend of tempered glass and polyethylene walls. In addition, the structure has a mix of double polyethylene arch and glass roofs with shading. The plant bedding area has a primarily gravel and concrete floors with drains separated by concrete and asphalt walks. A total of 76 exhaust fans are located throughout this section. The entire section has a drip-tube watering system. Houses 8 & 9 have an automatic roof ventilation system. All houses utilize a hot water heating system with piping. Greenhouse section B contains 22,800 sq. ft. with a total plant bedding area of 162,600 sq. ft. The section was originally constructed in 1985 with an addition in 1999. The structure has a steel frame with a blend of tempered glass and polyethylene walls. In addition the structure has a mix of double polyethylene arch and glass roofs with shading. The plant bedding area has a mix of dirt and concrete floors with drains separated by concrete walks. A total of 60 exhaust fans are located throughout this section. The entire section has a drip-tube watering system. Houses 6-9 have an automatic roof ventilation system. All houses utilize a gas space heating system. The warehouse building comprises approx. 56,050 sq. ft., including 2.450 sq. ft. of office area. The building was built in 1985 with a steel construction and restroom facilities. The building has a total of three enclosed docks. One well, and five drive-in doors. The area is heated by hot water system with piping. The office area is heated and air-conditioned. All this on 34 acres. a separate parcel with 28 acres of Ag land for possible expansion is also a part of this sale. Property location is key! 1/2 mile from Rt. 264 and 5 miles from Interstate 95.

Contact:

Hostetter Realty

Property Subtype:

Contractor Storage

Date on Market:

2023-10-11
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More details for Portfolio of Income Properties for Sale – Specialty for Sale, Wilmington, DE

Portfolio of Income Properties for Sale

  • 1031 Exchange Property
  • Specialty for Sale
  • $3,113,691 CAD
  • 13,050 SF
  • 6 Specialty Properties

Wilmington Portfolio of properties for Sale - North New Castle County

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

Contact:

Culver Team

Date on Market:

2024-03-13
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