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University of Delaware Student Rentals
Newark, DE

$4,555,000 USD

Multifamily For Sale  •  11,472 SF

8 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 5.83 %
20 Transit Score
50 Walk Score

Highlights

Located in the heart of Newark, Delaware.
The portfolio benefits from immediate proximity to the University of Delaware
One of the region’s premier public universities with enrollment exceeding 23,000 students.
The properties are situated within Newark’s established student housing corridor, offering convenient access to campus
Main Street dining and retail amenities, public transportation, and major regional thoroughfares including I-95.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $265,544 USD (2025)
Cap Rate: 5.83 %
Total Expenses: $89,756 USD

Public Transportation

Commuter RailDriveWalkDistance
Newark (Wilmington/Newark Line - SEPTA) 2 min - 1.4 mi
Newark Amtrak (Northeast Regional - Amtrak) 4 min - 1.9 mi
AirportDriveWalkDistance
Wilmington Airport 19 min - 10.7 mi
Mark Trani 302-383-5156 Zommick McMahon Commercial Real Estate, Inc.
Mark Trani 302-383-5156 Zommick McMahon Commercial Real Estate, Inc.