GlenMore Duplexes

2605 - 2615 25th St, BremertonWA 98312

5,936 SF
$1,750,000

Listing Details

List Price
$1,750,000
Listing Price Per SF
$294.81
Cap Rate
6.25%
List Date
4/21/2022
Listing ID
30350649

2605–2615 25th St

GlenMore is a 6-unit multifamily community located in Bremerton, WA built in 1978 and extensively renovated in 2019. Fully stabilized, GlenMore features a mix of two and three-bedroom units averaging 988 square feet, as well as secured storage to generate additional income. The property has historically remained 100% occupied with zero delinquency and no deferred maintenance. One unit is in classic condition, offering a new owner the opportunity to complete the proven value-add program and increase rents across the property.

Space Details

Total Available
5,936 SF
Primary Use
Multi-Family
Investment
Yes

Property Highlights

Type
 Multi-Family  
 Pending
Size
5,936 SF, 0.42 Acres
Number of Units
6
Occupancy Type
Multi-tenant
Number of Buildings, Floors
3 , 1
Submarket
CBA Bremerton

Contact

Chad Blenz

Berkadia Real Estate Advisors, LLC

Mitchell Belcher

Berkadia Real Estate Advisors, LLC

Steven Chattin

Berkadia Real Estate Advisors, LLC

Jay Timpani

Berkadia Real Estate Advisors, LLC

Attachments

Source: Mitchell Belcher

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