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Alder Creek

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Alder Creek

816 912 W Marion St, Aberdeen, WA 98520
Multi-Family For Sale Available Cap Rate 5.76% Built 1978 2 floors Zoning: RM
Asking Price
$2,760,000
Total Building21,600 SF
Available21,600 SF avail
Land65,540 SF land
MarketGrays Harbor
CountyGrays Harbor

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Overview

Property ID
198450
Listing ID
704156
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.Alder Creek Apartments is a six-building, garden-style community of 24 homes along West Marion Street in South Aberdeen, minutes to US 101 and US 12 and close to Grays Harbor College, Southshore Mall, and Swanson’s Supermarket. Each residence is a 900-square-foot two-bedroom, one-bath layout with a priva

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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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.