2821 NE Center St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2821 NE Center St
8 Unit Block of Flats £1,251,920 (£156,490/Unit) 5.03% Net Initial Yield Bremerton, WA 98310
Investment Highlights
- Value-Add Opportunity - Ability to capture significant rental upside through management repositioning and RUBS
- Pro-forma cap rate - Pro-Forma 7.02% CAP rate
- Rental Upside - Comparable rents allow for 19% increase for current in-place rents
- Major Capital Expenses Completed - New roof added, painting done, and unit rehabs done in 2023
- Strong unit mix - Two-bedroom townhomes caters to Bremerton demographic
- Excellent Proximity To The Major Employers - 7 minutes to Downtown Bremerton - 7 minutes to Evergreen Pointe Development - 7 minutes to Bremerton Fer
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,251,920 | Building Class | C |
| Price Per Unit | £156,490 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 6,080 SF |
| Net Initial Yield | 5.03% | Number of Floors | 2 |
| No. Units | 8 | Year Built/Renovated | 1941/2023 |
| Property Type | Residential | Parking Ratio | 3.28/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,251,920 |
| Price Per Unit | £156,490 |
| Sale Type | Investment |
| Net Initial Yield | 5.03% |
| No. Units | 8 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 6,080 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1941/2023 |
| Parking Ratio | 3.28/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 760 |
PROPERTY TAXES
| Parcel Number | 072402-3-008-2005 | Improvements Assessment | £812,363 (2025) |
| Land Assessment | £90,060 (2025) | Total Assessment | £902,423 (2025) |
PROPERTY TAXES
Parcel Number
072402-3-008-2005
Land Assessment
£90,060 (2025)
Improvements Assessment
£812,363 (2025)
Total Assessment
£902,423 (2025)
zoning
| Zoning Code | Commercial |
| Commercial |
Contact
-
Research In Progress - Research In Progress
1 of 33
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Research In Progress
2821 NE Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.