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Norseman Apartments

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Norseman Apartments

1913 Coolidge Road, Aberdeen, WA 98520
Multi-Family For Sale Available Cap Rate 5.83% Built 1979 2 floors Zoning: RM
Asking Price
$3,680,000
Total Building26,880 SF
Available26,880 SF avail
Land52,708 SF land
ConstructionWood
MarketNot Assigned
CountyGrays Harbor

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Overview

Property ID
157852
Listing ID
704154
Type
Multi-Family
Asset Class
Multi-Family
Zoning
RM

Description

This is part of a 56-Unit Portfolio Opportunity. Can be purchased together as a portfolio, or separately. The Norseman and Alder Creek Apartments, a prime investment opportunity in Aberdeen, Washington, are two well-maintained, garden-style apartment communities total 56 units, each featuring spacious two-bedroom, one-bath layouts. Both assets have benefited from significant recent capital improvements and offer strong value-add potential through rent repositioning and light renovations.Norseman Apartments is a well maintained 32-unit garden-style community built in 1979 at 1913 Coolidge Road in South Aberdeen, offering all two-bedroom, one-bath homes of approximately 840 square feet. Residents have quick access to US 12, major employers in Aberdeen and Hoquiam, and everyday convenienc

Listing Courtesy of:

RJ
Reid Jones
Westlake Associates, Inc.
1200 Westlake Ave N S310,
Seattle, WA 98109
State: WA City: Aberdeen ZIP: 98520 Type: For Sale

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