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420 Smyrna Clayton Blvd Smyrna, DE 19977

20-Unit Multifamily Investment Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional multifamily investment opportunity presents a well-maintained 20-unit apartment complex situated in the desirable town of Smyrna, Delaware. The property comprises two buildings totaling over 18,000 square feet on approximately 0.2 to 1.3 acres of land. Each of the 20 units is a spacious townhome-style apartment, boasting approximately 900 square feet of living space. All units feature two bedrooms and one bathroom, along with the convenience of in-unit washer and dryer hookups. The individual townhome design provides each unit with its own separate entrance and address, enhancing privacy and appeal to tenants. The property's prime location offers easy access to major roadways, including Route 1 and Route 13, placing residents within close proximity to a variety of amenities. Nearby conveniences include banks, restaurants, town offices, and public schools. Utilities are provided by the Town of Smyrna (water, sewer, and electric) and Chesapeake Utilities (natural gas), ensuring a streamlined management process. This property presents a compelling investment opportunity due to its strong tenant base, desirable location, and well-maintained condition. The two parcels offer potential for future development or expansion. This is an excellent opportunity to acquire a stable, income-generating asset in a thriving Delaware community.

Highlights

  • 2 Parcels totaling over 18,000 square feet on approximately 0.2 to 1.3 acres.
  • 20 Units: Two-bedroom, one-bathroom apartments.
  • Units average 900 square feet.
  • All units include in-unit washer/dryer hookups.
  • Townhome-style units with private entrances and separate addresses.
  • Town of Smyrna provides water, sewer, and electric; Chesapeake Utilities provides natural gas.

Property Details for 420 Smyrna Clayton Blvd

Property type
Apartment buildings
Square Feet
18,000 SF
Buildings
2
Lot Size (sq. ft)
8,712 SF
Units
20

Location Insight

City
Smyrna
County
Kent
State
Delaware
Latitude
39.2974149
Longitude
-75.6123112

FAQs

What type of property is this?
Apartment building - 20-Unit Multifamily Investment Opportunity
Where is the apartment building located?
The property is located at 420 Smyrna Clayton Blvd Smyrna, DE.
What are key features of this property?
This property features: 2 Parcels totaling over 18,000 square feet on approximately 0.2 to 1.3 acres.; 20 Units: Two-bedroom, one-bathroom apartments.; Units average 900 square feet.
How can I contact the broker?
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420 Smyrna Clayton Blvd
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