For Sale
$5,700,000

200 Broadkill Rd Milton, DE 19968

High-yield Delaware multi-asset complex

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Exceptional investment opportunity in Milton, Delaware, featuring a lucrative mix of income-producing assets. This well-maintained complex comprises a 13,400 square foot self-storage facility with 97 units boasting 95-100% occupancy, generating consistent cash flow. A thriving car wash complements the self-storage, adding another layer of diversified income. Further enhancing the investment potential is a fully leased 6,312 square foot commercial building housing office and restaurant spaces. The entire complex sits on two parcels and totals between 20,000 and 25,000 square feet. The property benefits from a prime location, recently bolstered by the town's approval of a new 3,000-home development, indicating strong local economic growth. This presents a unique opportunity for investors seeking a stable, high-return portfolio addition. The asking price is $5,700,000, with a price per unit of $57,000 for the self-storage component. Detailed financials are available upon request with a signed NDA. Note that the square footage listed does not include the car wash.

Highlights

  • High-yield investment property featuring a self-storage facility, a busy car wash, and a fully leased commercial building.
  • Self-storage boasts nearly 100% occupancy, presenting strong economic potential.
  • Stable, diverse tenant base ensures long-term income security.

Property Details for 200 Broadkill Rd

Property type
Specialty properties, Office properties
Square Feet
20,000 SF
Units
100

Location Insight

City
Milton
County
Sussex
State
Delaware
Latitude
38.788210106785
Longitude
-75.312793941858

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FAQs

What type of property is this?
Specialty property - High-yield Delaware multi-asset complex
Where is the specialty property located?
The property is located at 200 Broadkill Rd Milton, DE.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: High-yield investment property featuring a self-storage facility, a busy car wash, and a fully leased commercial building.; Self-storage boasts nearly 100% occupancy, presenting strong economic potential.; Stable, diverse tenant base ensures long-term income security.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Property Records

Contacts

Meredith Mears
Meredith Mears
Visit Broker Website

Learn more

Useful Information

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Broadkill Rd
Milton, DE 19968

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Broadkill Rd
Milton, DE 19968

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

200 Broadkill Rd
  • Meredith Mears
    Meredith Mears
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