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$5,250,000

For Sale

6 months ago

MLS® 2431025

0 Bed

0 Bath

--

36 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $25,622
Days Active 180
Lot Size 0.97 acres
Approx. Age 1942
MLS® Number 2431025

Property Address: 8755 Shore Pl Nw, Silverdale, WA, 98383-9102

Average square foot calculated using Size range provided by listing agent.

Description

Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.93% cap rate and a 6.56% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.
MLS® Number2431025
Laundry Level
Central VacNo
FireplaceNo
Acreage0.97
Exterior
GarageNo
Approx. Age1942
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 8, 2025List Date
$5,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
8755 Shore Pl Nw, Silverdale, WA

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