GlenMore Duplexes

Multi-Family

2605 - 2615 25th St, BremertonWA 98312

Property Details

Location

Address
2605 - 2615 25th St, BremertonWA 98312
County
Kitsap
Submarket
CBA Bremerton
Parcels
1131507, 1131515, 1130780

Building Size

Building Size
5,936 SF

Building Details

Type
 Multi-Family
Number of Buildings
3
Number of Units
6
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1978
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.42 Acres
Land (SF)
18,295 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

2605–2615 25th St

5,936 SF$1,750,000
Cap Rate: 6.25%

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.

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.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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