211 & 213 N Walnut St,MILFORD, DE 19963
MILFORD, DE 19963
Description
The Ultimate Investment Opportunity: The Blair Apartments PortfolioThis isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare "turn-key" scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside.### Why This Is the Deal of the Century: Rock-Solid Compliance & Quality: Skip the "investor headaches." Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one. Built-In "Value-Add" Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation. Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage. Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot-a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center.The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital.Don't let the "Deal of the Century" pass you by-this portfolio is primed for its next chapter.
Details
| MLS # | DEKT2047138 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2004 |
| Days On Site | 154 |
| Listing Provided By | Myers Realty | Albert C Leskovar Jr. |
Features
| Units | 6 |
|---|---|
| Zoning | R2 |
| Acreage | 0.45 |
Interior
| Cooling | Heat Pump(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
Exterior
| Construction Materials | Stick Built |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2454 |
|---|
Area Information
| State | DE |
|---|---|
| County | KENT DE |
| City | MILFORD |
| Zip Code | 19963 |
| Area | Milford (30805) |
| School District | MILFORD |
| Listing VS Median (in 19963) | |
Price: $1,500,000 low | high Med: $395,000 On site: 154 low | high Med: 71 | |
Market Activity 19963
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Learn More About This Property
| State | DE |
|---|---|
| County | KENT DE |
| City | MILFORD |
| Zip Code | 19963 |
| Area | Milford (30805) |
| School District | MILFORD |
| Listing VS Median (in 19963) | |
Price: $1,500,000 low | high Med: $395,000 On site: 154 low | high Med: 71 | |
 | $1,200,0001 S Washington StMilford, DE 19963 |