High-Yield Investment Property outside of city limits but adjacent to water, public water, and sewer Fully Leased with Immediate Cash Flow!
This prime mixed-use property is a turnkey investment generating $11,800/month in gross rental income ($141,600/year) across multiple income-producing assets:
Breakdown of Rental Income:
Commercial Spaces:
Unit 1 (Tire Shop): $1,500/mo
Unit 2 (Barber Shop): $1,500/mo
Unit 3 (Barber Shop): $2,000/mo
Unit 4 (Grocery Store): $1,800/mo
Residential Units 7 Mobile Homes:
Trailer 1: $1,400/mo
Trailer 2: $1,000/mo
Trailer 3: $650/mo
Trailer 4: Not paying rent
Trailer 5: (Lot Rent Only): $550/mo
Trailer 6: $600/mo
Trailer 7: $800/mo
Stable Tenants + Expansion Potential = Strong ROI
Net Operating Income (NOI): $131,600/year (after estimated $10,000 annual expenses.
Estimated Cap Rate: 15%+ (based on list price excellent return in todays market!)
Low Overhead: Minimal owner expenses with separate electric meters and long-term tenants.
Value-Add Opportunity:
Trailer 7 is not generating income, but it will be an instant income boost once it does!
Why This Property?
It is fully leased with a strong rental history
Diversified income streams (commercial + residential)
Minimal owner responsibilities
Planned improvements for increased revenue
High cash-on-cash return potential
Perfect for investors seeking a high-yield, low-maintenance portfolio addition! Schedule a showing today!
Business TypeAuto Related, Hair Salon and Spa, Supermarket/Grocery Store
Cap Rate15.00
CitySEAFORD
Construction MaterialsMixed
Cool FuelElectric
CoolingWindow Unit(s)
CountySUSSEX
DirectionsFrom C21 HTR you turn right on to Rt. 20 and continue until you can turn onto Rt. 13 going south. You will travel for about a quarter mile and make a right onto Middleford Rd. and you will continue f
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