Address
18317 Warrington Court, Georgetown, DE
Price
$ 795,000
Property Attributes
- MLS#DESU2056422
- TypePending
- CountySUSSEX
- CityGeorgetown
- AreaGeorgetown Hundred
- Zip19947
- StyleMulti Residential,Mobile/Trailer Park
- Taxes$ 297
- Price$ 795,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.32 Acres
Data Source:
Bright MLS
Property Description
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 a lot 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 altogether. 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 to buyers with a Non-Disclosure agreement and/or contingent offer contract
| Price History | |
|---|---|
| 2/19/2024 | Listed $795,000 |
General Features
| Sewer | Gravity Sept Fld,Low Pressure Pipe (LPP),Mound System |
|---|---|
| Possession | Immediate |
| Zoning | GR |
| Property SubType | Land |
| Tax Year | 2023 |
| Current Use | Multi Residential,Mobile/Trailer Park |
| Percent Ownership | Fee Simple |
| County | SUSSEX |
| Property Type | Land |
| HOA / Comm Assn | No |
| Water Access Y/N | No |
| Status | PENDING |
| Directions | 1113N,left on West Redden Rd. then left on McColley Church Rd. then right on Warrington Court |
| ModificationTimestamp | 2024-04-30T17:23:13 |
| City | GEORGETOWN |
| Buyer Agent Compensation | 2.5 |
| MLS Area | Georgetown Hundred (31006) |
| Lot Size Square Feet | 13939.00 |
| Waterfront Y/N | No |
| Street Name | WARRINGTON |
| Tax Annual Amount | 297.0 |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft | 57.03 |
| Acceptable Financing | Cash,Conventional,Exchange |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 36 |
| Sussex DE Quadrants | Between Rt 113 & 13 |
| Standard Status | Pending |
| Legal Subdivision | WARRINGTON |
| Tax Lot | 1 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Street Suffix | COURT |
|---|
Exterior Features
| Water Source | Well |
|---|---|
| Inclusions | Mobile homes on lots |
| Land Use Code | 999 |
| Water View Y/N | No |
| Lot Dimensions | 133.00 x 105.00 |
| Lot Size Acres | 0.32 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19947
Price
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