Milford Apartment Portfolio: Turn-Key
For Sale
$1,500,000
211 & 213 N WALNUT St, Milford, DE 19963
Rare Milford apartment portfolio with immediate income and long-term growth.
Property SizeContact for details
Days on Market87
Property Features for 211 & 213 N WALNUT St
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,454
Building Details
Year Built
2004
Units
6
Listing Agency:
Myers Realty
(302) 423-0276
Listed By:
Albert C Leskovar Jr. · License #RS-0018925
(302) 423-0276
Source:
Elliman
Added: May 15
Changed: Aug 8
Last Checked: Aug 8 at 3:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myers Realty
Investment Insights
Based on property information with market context.
The Blair Apartments portfolio presents a strategic acquisition opportunity in Milford, designed for immediate performance and long-term wealth preservation. This turn-key scenario offers stability, quality, and untapped upside. Both buildings and all 10 units have recently passed full City of Milford inspections. Meticulous maintenance by the current owners and recent remodels across most units protect capital from day one. Rents are currently positioned just below market rates to attract premium, long-term tenants, providing a clear and immediate path to increased NOI. The properties feature separately metered water, minimizing overhead. Located in the center of the City of Milford, these buildings sit on a large private parking lot. The Blair Apartments are suited for a 1031 exchange or expanding a local footprint.
Key Highlights
- Turn‑key investment opportunity with immediate performance potential in the heart of Milford.
- All 10 units recently passed full City of Milford inspections, ensuring rock‑solid compliance and quality.
- Built‑in value‑add potential with rents positioned below market rates, offering immediate NOI increase.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Demographics for 19963, DE
20,827
Population
10,300
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
198
Density / Sq Mi
$65,420
Median Household Income
$40,157
Median Earnings
$1,161
Median Rent
$291,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Rare Milford apartment portfolio with immediate income and long-term growth.
Where is this apartment building located?
The property is located at 211 & 213 N WALNUT St Milford, DE.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Turn‑key investment opportunity with immediate performance potential in the heart of Milford.; All 10 units recently passed full City of Milford inspections, ensuring rock‑solid compliance and quality.; Built‑in value‑add potential with rents positioned below market rates, offering immediate NOI increase.
