1301 NW Elwha Street

Multi-Family
Pending

1301 NW Elwha Street, Oak HarborWA 98277

Property Details

Location

Address
1301 NW Elwha Street, Oak HarborWA 98277
County
Island
Submarket
CBA Island County
Parcels
S7632-00-00028-0

Building Size

Building Size
4,106 SF
Rentable Space
4,106 SF

Building Details

Type
 Multi-Family  
 Pending
Number of Buildings
1
Number of Units
4
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
2004
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.22 Acres
Land (SF)
9,496 SF
Zoning
20
Lot Depth
Lot Width

Contacts

Current Listings

1301 NW Elwha Street

$995,000
Cap Rate: 5.07%

Two 4-plex properties offered for sale. Professionally managed and well maintained, these 2 Bedroom, 1 bath units in 4-plex buildings are strategically located in close proximity to NAS Whidbey Naval Air Station, Oak Harbor. Owners have maintained each property to well above normal standards in each unit and the properties. NAS Whidbey continues to grow creating a high demand for housing for the pilots, flight and support crews and their families. With limited on-base housing the Naval Air Station’s growth has created a high demand for multi-family housing in the greater Oak Harbor market. These units are an excellent, hard to find, investment opportunity, including 1031 exchange. Purchase separately or together as a two-building purchase.

Two 4-plex properties offered for sale. Professionally managed and well maintained, these 2 Bedroom, 1 bath units in 4-plex buildings are strategically located in close proximity to NAS Whidbey Naval Air Station, Oak Harbor. Owners have maintained each property to well above normal standards in each unit and the properties. NAS Whidbey continues to grow creating a high demand for housing for the pilots, flight and support crews and their families. With limited on-base housing the Naval Air Station’s growth has created a high demand for multi-family housing in the greater Oak Harbor market. These units are an excellent, hard to find, investment opportunity, including 1031 exchange. Purchase separately or together as a two-building purchase.

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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.

BROKER

Source: CBA

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