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
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Date Updated Sep 18, 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.

 

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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.

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Contact Listing Broker

broker

Brian Richardson Is this you?

Kidder Mathews