WA > Silverdale > Silverdale
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
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Manesh Lakhani

Manesh Lakhani

+1(425) 623-3958
Listed by Blake Investment Advisors
$ 5,250,000
Est. payment | /mo

36 Beds

20 Baths

15,160 SqFt

Save
$ 5,250,000
Est. payment | /mo
Save

36 Beds

20 Baths

15,160 SqFt

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,160 sqft

Price per Sqft $346

Subdivision Silverdale

MLS Listing ID 2431025

Style 56 - 10+ Units

Bedrooms 36

Year Built 1942

Annual Tax Amount $25,622

Lot Size 0.970 Acres

Property Sub-Type Multi Family

Property Description

Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.93% cap rate and a 6.56% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

Location

State WA

County Kitsap

Area 147 - Silverdale

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

Waterfront Description Ocean Front

View Y/N No

Roof Type Metal

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Manesh Lakhani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 623-3958

manesh@lakhaniteamre.com

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8755 Shore PL NW