1475 SE 9th Ave - Apartments FOR SALE


Oak Harbor, WA 98277
$1,600,000 USD
360-632-4952
1475 SE 9th Ave, Oak Harbor, WA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/36
null | 3.79% Cap Rate

1475 SE 9th Ave
Oak Harbor, WA 98277


HIGHLIGHTS

  • Views of Oak Harbor - The Puget Sound
  • Lots of Natural Light
  • Easy access to transit lines, schools, the College, shopping, local parks, trails, City Beach and NAS Whidbey.

OVERVIEW

GREAT!!! location and investment property with views of Oak Harbor Bay. 8-unit Twin Oaks apartment building located in the heart of Oak Harbor. Fully leased building with great rental history. Private on-site parking. Two-level apartment complex features include one-bedroom one-bath units. Easy access to transit lines, schools, the College, shopping, local parks, trails, City Beach and NAS Whidbey. Currently rented below market value. 1% Vacancy rate over the last 3 years.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$340 USD /SF

# OF UNITS

8

PRICE/UNIT

$200,000

CAP RATE

3.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twin Oaks Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Residential

APN/PARCEL ID

S758000050051

ASK ABOUT THIS PROPERTY

Alex PfeifferColdwell Banker 360 TeamMore Info
360-632-4952

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Alex PfeifferColdwell Banker 360 TeamMore Info
360-632-4952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.