Unique opportunity to acquire a mobile home SUBDIVISION

Not a mobile home park. This is a 12-lot general residential subdivision and since each lot is deeded separately, it is not subject to the rules governing the leasing/purchase/sale of mobile home parks. This is a residential subdivision where the owner chose to place mobile homes on the lots and rent the lot/home package, rather than sell the lots. Offered for sale as is as a package only--no individual lot sales. There are plenty of good options here! A new owner can simply continue to operate the development as a portfolio of rental units or at the per-lot price of $66, 250, you could redevelop the site ltogether.

Currently the 12 lots are served by two water wells, two lots have their own septic systems and the remaining 10 lots share five septic systems (two lots per system). 10 homes are rented and current, 2 homes are in need of renovation in order to rent them. Great opportunity for an entrepreneur, 1031 exchange. Financial details, rent roll, individual home showing are available t o buyers with a Non-Disclosure agreement and/or contingent offer contract

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on 18317 Warrington Ct
in Georgetown, DE
Presented by Bob Wheatley at
Keller Williams Commercial.


Property MLS #DESU2056422 from BrightMLS

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+ Land Info

Lot Size Acres: 0.3199954
Lot Size Square Feet: 13938

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

School District: INDIAN RIVER
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North Georgetown Elementary School is a public elementary school located approximately 3.1 miles away.
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Georgetown Middle School is a public middle school located approximately 4.6 miles away.
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Sussex Central High School is a public high school located approximately 9.6 miles away.
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The Jefferson School is a private elementary and middle school located approximately 3.6 miles away.
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+ Other Property Info

Annual Tax Amount: 297.0
Source Listing Status: Pending
County: SUSSEX
Current Use: Multi Residential, Mobile/Trailer Park
Ownership: Fee Simple
Source Property Type: Land
Area: SUSSEX
Source Neighborhood: SUSSEX
Property Subtype: Land
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$5,950 + $1,250 $7,200	$296
2021	$5,950 + $1,250 $7,200	$287
2020	$5,950 + $1,250 $7,200	$275
2019	$5,950 + $1,250 $7,200	$273
2018	$5,950 + $1,250 $7,200	$276
2017	$5,950 + $1,250 $7,200	$278
2016	$5,950 + $1,250 $7,200	$245
2015	$5,950 + $1,250 $7,200	$253
2013	$5,950 + $1,250 $7,200	$252
2012	$unknown + $unknown $7,200	$242
2011	$unknown + $unknown $7,200	$244

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Listed 2024-02-19
$795,000
BrightMLS