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

3125 N Oak Harbor Rd
Oak Harbor, WA 98277

Seabreeze Apartments · Multifamily Property For Sale · 29 Units

Apartment Buildings Washington Oak Harbor 3125 N Oak Harbor Rd, Oak Harbor, WA 98277

INVESTMENT HIGHLIGHTS

  • Value-add opportunity with a well-maintained, beautifully manicured Oak Harbor apartment complex.
  • Scenic island off of Seattle MSA offering strong cash-on-cash return with potential for an additional 30th unit.
  • Since 2019, median rents have increased over 33.20% in the greater Island County market
  • 29-unit multi-family investment opportunity with ability to increase rents by 15.10% immediately.
  • High demand from renters looking for lower living costs with no new construction for multi-family.
  • Strong rental pool with nearby Naval Air Station Whidbey Island and high demand from renters looking for lower living costs.

PROPERTY FACTS

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.61 AC
Building Size 17,543 SF
Average Occupancy 83%
No. Stories 2
Year Built 1962
Parking Ratio 1.71/1,000 SF

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Freezer
  • Smoke Free
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Online Services
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 9 $940.00 500
1+1 14 $1,045 600
2+1 6 $1,200 700

PROPERTY TAXES

Parcel Number R13326-444-0700 Improvements Assessment $645,980
Land Assessment $981,842 Total Assessment $1,627,822
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  • Listing ID: 26123732

  • Date on Market: 7/8/2022

  • Last Updated:

  • Address: 3125 N Oak Harbor Rd, Oak Harbor, WA 98277

More public record information on 3125 N Oak Harbor Rd, Oak Harbor, WA 98277

The Multifamily Property at 3125 N Oak Harbor Rd, Oak Harbor, WA 98277 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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