$650,000
9546 Silverdale Loop Rd, Silverdale, WA 98383
Current Rent **
$4,225
Projected Rent **
N/A
Unit 1 Details
- Current Rent: $1,025
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 800 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent: $1,050
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 800 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent: $1,050
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 800 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 4 Details
- Current Rent: $1,100
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 800 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Zero vacancy 4-Plex in Silverdale WA
We've owned theis quad since 2006 and have been increasing rents every year. Current tenants are long term occupants, most of them have been in units for the past 3 years. Building is solid with new roof in 2000, new vinyl window/sliders and main doors in 2006. Carpet replaced in all units at least once in the past 10 years and stacking washer/dryers installed in 3 of the 4 units. Ample parking and located on quiet, rural stree less than 1/2 mile from Central Kitsap High School.
Gross rents are $4,100/mo, property has been professionally managed since acquisition in 2006. Silverdale WA is a well populated area across from Seattle with a mall and lots of retail shopping. Population is local working class and Navy families from the submarine base and Bremerton Naval Shipyard. Microsoft just opened a small office downtown as well.
We are looking to cash out and buy vacation property in Portugal. This is a FSBO sale only, thanks. Please do not disturb tenants! I can set up an interior inspection for a serious buyer who can provide proof of financeability and letter of intent.
More photos at https://photos.app.goo.gl/L9mUnUrzLqTXXyPP9
2019 Projected Income $49,200.00
Septic system inspection $350.00
Maintenance $300.00
Landscape upkeep $200.00
Repairs $425.00
Electricity $575.00
Water $1,004.00
Trash $1,091.00
Lawn Maintenance $660.00
Property Taxes $4,030.00
Insurance $1,528.00
Total Est Expenses $10,163.00
Net Operating Income $39,037.00
Cap Rate 6%
Price $650,616.67
Location:
9546 Silverdale Loop Rd, Silverdale, WA 98383
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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