18317 Warrington Court Georgetown, DE $ 795,000
18317 Warrington Court
$ 795,000
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18317 Warrington Court

Georgetown, DE, 19947
$ 795,000
Baths0.0

Monthly Estimate*

$ 5,284

18317 Warrington Court, Georgetown, DE 19947 - Image 1
18317 Warrington Court, Georgetown, DE 19947 - Image 2
Studio

Lots and Land for sale in Georgetown, DE

for $795,000. The lot size is 0.32.

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

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Lots and Land Pending

Price

$ 795,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 297

Style

Multi Residential,Mobile/Trailer Park

Lot Size

0.32

Town/City

Georgetown

County/Region

Sussex

MLS | Web ID

DESU2056422

Features
General
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 N
Water Access Y/N N
Status PENDING
Directions 1113N left on West Redden Rd. then left on McColley Church Rd. then right on Warrington Court
City GEORGETOWN
Buyer Agent Compensation 2.5
MLS Area Georgetown Hundred (31006)
Lot Size Square Feet 13939.00
Waterfront Y/N N
Street Name WARRINGTON
Tax Annual Amount 297.0
Clean Green Assessed Y/N N
Price Per Sq Ft 57.03
Acceptable Financing Cash Conventional Exchange
Additional Parcels Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
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
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Exterior
Water Source Well
Inclusions Mobile homes on lots
Water View Y/N N
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 N
Water Oriented Y/N N
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Interior
Street Suffix COURT
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Internal Only
Street Number 1 18317
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* Excluded Features
List By
Keller Williams Commercial

Broker

bob@rcwheatley.com

Email

Affordability Calculator

$5,309
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,284
Monthly Property Taxes
$25
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2314467 Elementary School
2314468 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2024$795,000 Listed Price

Map


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18317 Warrington Court, Georgetown, DE, 19947 is a Lots and Land for sale at $795,000 with a lot size of 0.32. 18317 Warrington Court is a studio with 0.0 baths. The property's zip code is 19947 which is in Georgetown, DE