Listed by LMT Commercial Realty, LLC.
Unpriced
College Road Apartments
Details
Property Type Land, Multifamily
Sub Type Residential, Apartment Building
Units 300
Acreage 31.080
Investment Type Redevelopment
Development Land for Sale
Marketing description
Proposed 300-Unit Mid-Rise Apartment Development on 31.08 Acres. Strategically located within walking distance to Delaware State University, this planned community offers a rare chance to deliver new residential inventory in a high-demand market.
The project has been carefully designed to meet the needs of students, professionals, and local residents, with a mix of Studio, 1, and 2-bedroom units and a full suite of modern amenities. Permit approvals can be obtained following final submission review by the City of Dover, making this a shovel-ready opportunity pending final municipal sign-off.
Investment highlights
- State of Delaware Approvals
- DelDOT "Fee in Lieu" instead of Off-Site Improvements
- Phase One, Phase Two and DNREC Capping Plan for Impacted Areas - COMPLETE
- Environmental - Final Plan of Remediation in Process
- Wetland and Forest Delineation - Non Disturbance Area Defined
- Storm Water Plan
Listing Contacts
Listed by LMT Commercial Realty, LLC.
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