This Multifamily Property is no longer advertised on LoopNet.com.

116 N Albert St
Port Angeles, WA 98362
 Value-Add Apartment Investment | 100% Leased · Multifamily Property For Sale · 31 Units

Apartment Buildings Washington Port Angeles 116 N Albert St, Port Angeles, WA 98362

Investment Highlights

  • This 31-unit apartment community is currently 100% occupied with a prime corner location visible from Port Angeles’ busiest commercial arteries.
  • The opportunity features 2 adjacent buildings, (1) 30-unit apartment complex and (1) single family residence for a total of 31 units.
  • Growing 10-mile population with more than 31% of residents renting their homes, presenting a substantial pool of future tenants.
  • Ideally located near top-rated restaurants, household-name retailers, the Port Angeles Wharf, and the Port Angeles Boat Haven and Yacht Club.
  • Sits within an optimized submarket with large barriers to entry, with no new inventory delivered or demolished during the past decade.

Property Facts

Sale Condition Auction Sale Lot Size 0.48 AC
Type of Ownership Fee Simple Building Size 51,370 SF
No. Units 31 Average Occupancy 100%
Property Type Multifamily No. Stories 4
Property Subtype Apartment Year Built 1948
Apartment Style Mid-Rise Parcel Numbers
61353
  • 61354
  • 61355
  • 61356
  • 61357
  • 61358
  • 61359
  • 61360
  • 61361
  • 61362
  • 61363
  • 61364
  • 61365
  • 61366
  • 61367
  • 61368
  • 61369
  • 61370
  • 61371
  • 61372
  • 61373
  • 61374
  • 61375
  • 61376
  • 61377
  • 61378
  • 61379
  • 61380
  • 61381
  • 61446
Building Class B
Zoning ACD
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.48 AC
Building Size 51,370 SF
Average Occupancy 100%
No. Stories 4
Year Built 1948
Zoning ACD
Parcel Numbers
61353
  • 61354
  • 61355
  • 61356
  • 61357
  • 61358
  • 61359
  • 61360
  • 61361
  • 61362
  • 61363
  • 61364
  • 61365
  • 61366
  • 61367
  • 61368
  • 61369
  • 61370
  • 61371
  • 61372
  • 61373
  • 61374
  • 61375
  • 61376
  • 61377
  • 61378
  • 61379
  • 61380
  • 61381
  • 61446

Amenities

Unit Amenities

  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
 

  • Listing ID: 31600758

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 116 N Albert St, Port Angeles, WA 98362

The Multifamily Property at 116 N Albert St, Port Angeles, WA 98362 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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