Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 Mabel Dr, Unit 2 Magnolia, DE 19962

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $320,000

    Four properties in Magnolia, DE, with income and growth potential.

    Property size:
    1,064 SF

    Property Features for 120 Mabel Dr

    General Information

    Size
    1,064 SF

    Building Details

    Year built
    1998

    Source: Keller Williams Realty Agent Kristy Whitaker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Magnolia, DE Investment Property Package

    This offering presents an investor alert: four properties located in Magnolia, DE, being sold together in as-is condition. The properties include 120 Mabel Dr., 110 Mabel Dr., 155 Bertha Dr., and 165 Bertha Dr., all located in Magnolia, DE 19962. Currently, two homes are generating rental income. A third mobile home is being prepared and will be completed before closing. Furthermore, the property at 110 Mabel Dr. features a vacant lot, presenting the opportunity to add a fourth mobile home, thereby enhancing the investment potential. This package provides immediate cash flow, coupled with significant prospects for future growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Law Firm Spa & Massage Hair Salon Gym & Fitness Skin Care Clinic Daycare Center Computer & Electronic Repair Convenience Store Acupuncture Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Kent
    State
    Delaware
    Longitude
    -75.5320841
    Latitude
    39.0690874

    Nearby Similar for Sale

    • $150,000
      600 SF

      Magnolia Multifamily Investment Opportunity

      Two mobile homes on half an acre for sale.
      172 Jeffrey Dr, Magnolia, DE 19962
      View Details
    • $120,000

      Two Mobile Homes on One Lot

      Two tenant-occupied mobile homes on a single lot.
      143 Moores Dr, Magnolia, DE 19962
      View Details
    • $370,000

      Magnolia, DE Specialty Property

      Specialty property available for sale in Magnolia, Delaware.
      18 Thorn St, Magnolia, DE 19962
      View Details
    • $405,000

      Magnolia, DE Specialty Property

      Specialty property for sale in Magnolia, Delaware.
      18 Springflower Pl, Magnolia, DE 19962
      View Details
    • $455,000

      Magnolia, DE Specialty Property

      Specialty property available for sale in Magnolia, Delaware.
      62 Deerberry Dr, Magnolia, DE 19962
      View Details
    • $325,000

      Magnolia, DE Specialty Property

      Specialty property for sale in Magnolia, Delaware.
      314 Augusta National Dr, Magnolia, DE 19962
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Four properties in Magnolia, DE, with income and growth potential.
    Where is this mobile home & rv park located?
    The property is located at 120 Mabel Dr, Unit 2 Magnolia, DE.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Four properties being sold together as-is.; - Two homes are currently producing rental income.; - A third mobile home will be completed prior to closing.
    (302) 227-4414
    Request Owner's contact information
    120 Mabel Dr, Unit 2 Magnolia, DE 19962
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Mabel Dr, Unit 2
    Magnolia, DE 19962
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Mabel Dr, Unit 2 Magnolia, DE 19962
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.