Map of Property

Seabreeze Apartments

3125 N OAK HARBOR RD, Oak Harbor, WA 98277

  • For Sale $3,795,000
  • Property Type Multi-Family
  • Property Size 17,543 SF
  • Units 29
  • Lot Size 1.61 Acre
  • Cap Rate % 6.45
  • Year Built 1962
  • Date Updated Nov 19, 2024

Seabreeze Apts. is a value-add opportunity with an estimated 33.0% increase in rent available at a 6.45% Cap Rate on current income & expenses. The property is well maintained and a significant amount of capital improvements have been done such as a commercial-grade TPU roof, repaved the parking lot, a new stair system, new septic, replaced appliances and H2O heaters, and much more. This opportunity offers an investor a 6.55% cash-on-cash return on current income and expenses, an estimated 33.0% increase in rents or higher, the ability to increase the utility bill back and laundry revenue sources, and add more revenue sources such as non-refundable move-in fees or pet rent.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Brian Richardson Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Oak Harbor, WA
  • Zip Code 98277
  • Market Seattle

Points of Interest

  • 76

    1.26 miles

  • Shell

    1.33 miles

  • Arco

    1.92 miles

  • Safeway Fuel Station

    2.41 miles

  • 7-Eleven

    2.59 miles

  • NEX Fuel Station

    2.87 miles

  • Mobil

    7.85 miles

  • Huntington's Corner Grocery

    8.17 miles

  • Cougar Den

    8.32 miles

  • ChargePoint

    8.66 miles

  • Oak Harbor Park and Ride

    1.29 miles

  • Joseph Whidbey Upper parking

    2.28 miles

  • Soundview Shopper Park and Ride

    3.61 miles

  • Pass Lake Boat Launch

    6.49 miles

  • Coupeville Prairie Station Transit Park

    7.98 miles

  • Senior Parking Lot

    8.17 miles

  • School Parking

    8.22 miles

  • Bus Lot

    8.26 miles

  • Boat Launch Parking

    8.34 miles

  • Auld Holland Inn

    1.13 miles

  • Candlewood Suites - Oak Harbor

    1.17 miles

  • Best Western Plus - Harbor Plaza

    1.19 miles

  • Coachman Inn

    1.26 miles

  • North Whidbey Inn Apartments

    2.09 miles

  • Oak Harbor Inn

    2.42 miles

  • Sandpiper Haven

    6.38 miles

  • Salty Vons Waterfront Inn

    7.22 miles

  • The Coupeville Inn

    7.28 miles

  • Anchorage Inn Bed & Breakfast

    7.31 miles

  • China City

    1.19 miles

  • Zorba Restaurant

    1.28 miles

  • Frank's Place Family Dining

    1.29 miles

  • Arby's

    1.34 miles

  • McDonald's

    1.36 miles

  • Taco Bell

    1.40 miles

  • Kau Kau Corner

    1.42 miles

  • Pita Pit

    1.47 miles

  • Agaves Taqueria

    1.50 miles

  • The BBQ Joint

    1.50 miles

  • Oak Harbor High School

    1.64 miles

  • North Whidbey Middle School

    1.68 miles

  • Oak Harbor Christian School

    1.68 miles

  • Hillcrest Elementary School

    1.84 miles

  • Oak Harbor Elementary School

    1.89 miles

  • Broad View Elementary School

    2.04 miles

  • Oak Harbor Middle School

    2.07 miles

  • Oak Harbor Seventh Day Adventist School

    2.08 miles

  • Crescent Harbor Elementary School

    2.94 miles

  • Ms. Ashley's Preschool

    2.44 miles

  • Susan M. Edwards-Wilbur Early Education Center

    8.67 miles

Frequently Asked Questions

How much does Seabreeze Apartments cost?

The space currently listed for sale at Seabreeze Apartments asks for $3,795,000.

What is the total square footage of Seabreeze Apartments?

Seabreeze Apartments totals 17,543 square feet.

When was this property built?

Seabreeze Apartments was built in 1962.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Brian Richardson Is this you?

Kidder Mathews

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.