Multifamily

Cedar Glen & Kitsap Inn

2511 Magnuson Ct, Bremerton, WA 98310

Listing Price: Request For Offer

Number of Units
72
Occupancy
97.20%
Gross SF
74,052

Investment Overview

The Bremerton portfolio allows an investor to acquire 83 units between 2 properties. An investor could acquire the whole portfolio or buy the Cedar Glen or Kistap Inn separately. With the value add opportunity to raise rents, strong unit mixes, well located properties in a submarket with very little investment opportunities and potential for growth due to the expansion of the fast ferry the Bremerton portfolio provides an generational opportunity for an investor. The Bremerton area is bustling with opportunities for growth due to the affordability, access to amenities and proximity to Seattle. This portfolio allows an investor to acquire in the next commuter hub for Seattle.

Investment Highlights

  • Limited multifamily offerings in Bremerton
  • Well located near major employers
  • Value add opportunity

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
72
Occupancy
97.20%
Gross SF
74,052

Investment Highlights

  • Limited multifamily offerings in Bremerton
  • Well located near major employers
  • Value add opportunity

Investment Overview

The Bremerton portfolio allows an investor to acquire 83 units between 2 properties. An investor could acquire the whole portfolio or buy the Cedar Glen or Kistap Inn separately. With the value add opportunity to raise rents, strong unit mixes, well located properties in a submarket with very little investment opportunities and potential for growth due to the expansion of the fast ferry the Bremerton portfolio provides an generational opportunity for an investor. The Bremerton area is bustling with opportunities for growth due to the affordability, access to amenities and proximity to Seattle. This portfolio allows an investor to acquire in the next commuter hub for Seattle.

Exclusively Listed By

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