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🏢 Just listed — Apartment Building Multifamily for sale in Smyrna, DE.

📍 155 S East St., Smyrna, DE
🏷  Apartment Building Multifamily · For Sale
💰 $230K

Multifamily

<ul><li>.25 acre</li><li>Downtown Development District</li><li>Downtown residential zoning - Town of Smyrna</li><li>Immediate access to RT13</li><li>1.5 miles to RT1 interchange</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/delaware/smyrna/smyrna-log-office-property-2555508-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=smyrna-log-office-property-2555508

#Smyrna #Multifamily #CommercialRealEstate #CRE #Investment

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Home/DE/Smyrna

155 S East St.

Smyrna, DE 19977

Asking Price

$230K

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

Multifamily <ul><li>.25 acre</li><li>Downtown Development District</li><li>Downtown residential zoning - Town of Smyrna</li><li>Immediate access to RT13</li><li>1.5 miles to RT1 interchange</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

34.78%

DSCR

5.86

Strong

Cash-on-Cash

96.15%

Monthly Payment

$1,137.915

Annual Cash Flow

$66,345.026

Location & Travel Times

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Class B

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Listed by Owner · For Sale