Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
Silverdale, WA 98383,8755 Shore PL NW
24
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Listed by Blake Investment Advisors Gabe Blake 
$5,250,000
Est. payment /mo
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36 Beds
20 Baths
15,160 SqFt
Active

8755 Shore PL NW Silverdale, WA 98383

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,160 sqft

Price per Sqft $346

Subdivision Silverdale

MLS Listing ID 2431025

Style 56 - 10+ Units

Bedrooms 36

Year Built 1942

Annual Tax Amount $25,622

Lot Size 0.970 Acres

Property Sub-Type Multi Family

Property 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.

Location

State WA

County Kitsap

Area 147 - Silverdale

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

Waterfront Description Ocean Front

View Y/N No

Roof Type Metal

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional


Northwest MLS (NWMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 10
  • 7

    Cougar Valley Elementary School

    Public | PK - 6

  • 7

    Silver Ridge Elementary School

    Public | PK - 6

  • 7

    Emerald Heights Elementary School

    Public | PK - 6

  • 5

    Silverdale Elementary School

    Public | PK - 6

  • 5

    Clear Creek Elementary School

    Public | PK - 6

  • 0

    Crosspoint

    Private | KG - 12

  • 0

    Christ the King Lutheran School

    Private | PK - 8

  • 0

    Off Campus

    Public | KG - 12

  • 0

    Kindercare Learning Center #1305

    Private | TKG - TKG

  • 0

    Discovery Depot Montessori

    Private | PK - 3

Middle Schools 3
  • 6

    Central Kitsap Junior High School

    Public | 7 - 9

  • 6

    Ridgetop Junior High School

    Public | 7 - 9

  • 0

    New Frontiers Jr High School

    Public | 7 - 10

High Schools 5
  • 9

    Central Kitsap High School

    Public | 10 - 12

  • 5

    Olympic High School

    Public | 10 - 12

  • 0

    Alternative High School

    Public | 10 - 12

  • 0

    East Side Alternative

    Public | 10 - 12

  • 0

    Ck Online Academy

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Adrian Chu

Adrian Chu

Broker | License ID: DRE 02061077

+1(206) 407-5452

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8755 Shore PL NW