Multifamily
Broadway Manor
1015 9th St, Bremerton, WA 98337
Listing Price: $1,900,000
Investment Overview
Built in 1901 and revitalized in 2021, Broadway Manor
is a an eleven-unit community located in the Downtown
Bremerton. Minutes away from the Puget Sound Naval
Shipyard and walking distance from Olympic College,
Broadway Manor is perfectly situation in a location driven
by a stable economic drivers and rental demand alike.
From a tenant’s perspective, comfortable one-bedroom
units in a walkable neighborhood combined with beautiful
common space in the courtyard make Broadway Manor an
excellent place to call home.
Broadway Manor consists of eleven one-bedroom, onebathroom
units averaging ±650 square feet. Each unit
features a kitchen and living room separate from the large
kitchen. At a purchase price of $1,900,000, Center Street
Apartment offers a great value to a buyer at $172,727.
An incoming investor can steadily increase rents without
making any major capital improvements and easily achieve
over an 8% total return.
Investment Highlights
- Excellent Location: Downtown Bremerton hold major employment drivers with limited inventory.
- Upgraded Systems: Roof, siding, plumbing, and electrical all redone making this an investment with minimal concern of big capital expenditures.
- Strong Unit Mix: One-bedrooms cater to Bremerton's workforce demographic.
Exclusively Listed By
Listing Price: $1,900,000
Investment Highlights
- Excellent Location: Downtown Bremerton hold major employment drivers with limited inventory.
- Upgraded Systems: Roof, siding, plumbing, and electrical all redone making this an investment with minimal concern of big capital expenditures.
- Strong Unit Mix: One-bedrooms cater to Bremerton's workforce demographic.
Investment Overview
Built in 1901 and revitalized in 2021, Broadway Manor is a an eleven-unit community located in the Downtown Bremerton. Minutes away from the Puget Sound Naval Shipyard and walking distance from Olympic College, Broadway Manor is perfectly situation in a location driven by a stable economic drivers and rental demand alike. From a tenant’s perspective, comfortable one-bedroom units in a walkable neighborhood combined with beautiful common space in the courtyard make Broadway Manor an excellent place to call home. Broadway Manor consists of eleven one-bedroom, onebathroom units averaging ±650 square feet. Each unit features a kitchen and living room separate from the large kitchen. At a purchase price of $1,900,000, Center Street Apartment offers a great value to a buyer at $172,727. An incoming investor can steadily increase rents without making any major capital improvements and easily achieve over an 8% total return.