Multifamily
Fernwood Manor
3690 Jackson Ave SE, Port Orchard, WA 98366
Listing Price: $1,415,000
Investment Overview
We are pleased to list the Fernwood Manor, an 8-unit apartment building in Port Orchard, WA. On the market for the first time in 27 years. This property is a great opportunity for newer or experienced investors.
Fernwood Manor
Investment Highlights
- Seller Financing Available - Seller is willing to carry a note for a short term, allowing for a quick close and interest-only payments to establish operations for a refi.
- Recent Capital Improvement - New roof, paint and fence added within the last three years.
- Upside Potential - Ability to capture upside through rent increases as well as utility billbacks for a $25,000 increase in NOI by year 2!
Exclusively Listed By
Listing Price: $1,415,000
Investment Highlights
- Seller Financing Available - Seller is willing to carry a note for a short term, allowing for a quick close and interest-only payments to establish operations for a refi.
- Recent Capital Improvement - New roof, paint and fence added within the last three years.
- Upside Potential - Ability to capture upside through rent increases as well as utility billbacks for a $25,000 increase in NOI by year 2!
Investment Overview
We are pleased to list the Fernwood Manor, an 8-unit apartment building in Port Orchard, WA. On the market for the first time in 27 years. This property is a great opportunity for newer or experienced investors.
Exclusively Listed By
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