3125 N Oak Harbor Rd - Apartments FOR SALE
Oak Harbor, WA 98277 |
3125 N Oak Harbor Rd
Oak Harbor, WA 98277
HIGHLIGHTS
- Value-add opportunity with a well-maintained, beautifully manicured Oak Harbor apartment complex.
- 29-unit multi-family investment opportunity with ability to increase rents by 15.10% immediately.
- Scenic island off of Seattle MSA offering strong cash-on-cash return with potential for an additional 30th unit.
- High demand from renters looking for lower living costs with no new construction for multi-family.
- Since 2019, median rents have increased over 33.20% in the greater Island County market
- Strong rental pool with nearby Naval Air Station Whidbey Island and high demand from renters looking for lower living costs.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Seabreeze Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
17543
STORIES
2
YEAR BUILT
1962
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R13326-444-0700
