35 Camden Wyoming Ave Wyoming, DE 19934
- Commercial real estate
- 6,619 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 35 Camden Wyoming Ave
- Year built
- 1940
- Lot size
- 0.25 lot acres
- Property size
- 6,619 SF
- Zone code
- R2
- Property type
- Commercial real estate
- APN
- 7-20-094.06-04-75.00-000
- APU
- 72009406047500000
Description
This exceptional investment opportunity presents a six-unit multi-family property ideally situated at 35 W Camden Wyoming Avenue, Wyoming, Delaware. The property boasts a total of 6,619 square feet and sits on a 0.41-acre lot, offering ample space and potential for future development or expansion. Currently, all six units are occupied, generating immediate and consistent rental income. The building's prime location at the corner of Camden Wyoming Avenue and N. Layton Avenue ensures high visibility and easy access for residents and visitors alike. This well-maintained complex is characterized by its unique charm and character, making it an attractive option for tenants. The property presents a rare opportunity to acquire a profitable, established multi-family investment in a desirable location. The asking price is $1,600,000. This is a turnkey operation with existing tenants, providing immediate cash flow. The property's strong occupancy rate and desirable location make it an excellent investment for both seasoned and new investors seeking a stable and profitable venture in the thriving Delaware market. Don't miss this chance to own a piece of Wyoming's vibrant community. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,115,000
- 6.5%
- $1,065,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,000,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,235,000
- Retail
- $1,120,000
- Mixed-Use
- $1,015,000
- Hospitality
- $1,105,000
- Educational
- $1,215,000
- Residential Income
- $975,000
- Energy
- $1,080,000
- Income-Based Land
- $1,015,000
- Food Service
- $1,070,000
Location Insight
- Map
- Local Demand
- City
- Wyoming
- County
- Kent
- State
- Delaware
- Longitude
- -75.5562
- Latitude
- 39.1174
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA