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324 S Lafayette Ave 8 Unit Apartment Building $1,850,000 ($231,250/Unit) Bremerton, WA 98312
Investment Highlights
- Ideal unit mix
- Major CapEx repairs
- Operational & rental upside
- Secured parking
- Convenient transportation access
- Located in Kitsap County
Executive Summary
Turnkey Asset with Immediate Operational and Proven Rental Upside in Bremerton, WA
Property Facts Under Contract
| Price | $1,850,000 | Building Class | C |
| Price Per Unit | $231,250 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 6,970 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Low-Rise | Parking Ratio | 1.58/1,000 SF |
| Zoning | CITY | ||
| Price | $1,850,000 |
| Price Per Unit | $231,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,970 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | CITY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 812 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3732-014-009-00-01 | Improvements Assessment | $1,382,920 |
| Land Assessment | $81,800 | Total Assessment | $1,464,720 |
Property Taxes
Parcel Number
3732-014-009-00-01
Land Assessment
$81,800
Improvements Assessment
$1,382,920
Total Assessment
$1,464,720
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