Waterfront Apartment land!! Waterfront on 3-sides!! This is an opportunity to help meet the high demand for new apartments within Sussex & Kent County. This property has a total of 3 +/- acres with the Mispillion River going right through it, and is situated in downtown Milford, DE adjacent to the Sussex County limits. There is the potential for 50+/- residential units with a commercial component as well. Recent apartment projects have been fully leased very quickly showing the demand in the market in this rapidly growing region.
Several incentives are available to help fulfill the residential demand for the market to include the Federal Opportunity Zone as well as downtown development district grants.
Incentives: Federal Opportunity Zone & downtown development grants, credits, etc
High demand market
Waterfront on 3-sides
Courtesy of: SVN/Miller Commercial Real Estate Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th November, 2021 11:09 PM
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