Milford Harrington Highway, Harrington, DE 19952

$1,999,000
List Price
$1,999,000
Price Change
▼ $500,000 1534719563
Days On Market
116
Status
ACTIVE
MLS#
1002142100
Lot Size (Acres)
18.35
County
Kent
School District
Lake Forest

Property Description

REDUCED OVER $500,000!! Owner says "SELL IT". Appraised for over 2.5 million just a few months ago. "Harrington Garden Apartments". Listed below current appraisal and ready to go. Approvals are completed to build 296 apartments in city limits of Harrington, DE. DEL.Dot Approved on 4/6/18 (valid for 3 years), Site plan approved , Rezoned from R-3 (Townhouse Residential) to R-4 (Apartment Zoning) 10/19/17, approval from Kent County Conservation approving Wetlands' 12/27/17 and Fire Marshal approval 4/30/18. All you have to do is get your building plans and architectural drawings approved! All the hard work has been done - you can break ground as early as September. A one of a kind deal right down the street from the Harrington Casino, approx 8 miles from the new Milford Hospital, approx 17 miles from Dover, DE, 20-30 miles to Beaches and right in the heart of Kent and Sussex County. This is ready to go for the developer or buyer who is looking for a deal and is priced at $6,754 per unit for land cost. All approvals are available upon request for qualified buyers.

Additional Information

Area
Lake Forest (30804)
School District
Lake Forest
Elementary School
Lake Forest South
High School
Lake Forest
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXIT Shore Realty.