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The Villager Apartments

3801, Bridgeport Way, University Place, WA 98466
$4,950,000

Description

The Villager Apartments (Status: New)

3801, Bridgeport Way, University Place, WA  98466

The Villager is an attractive, garden-style 20-unit multifamily property situated on a 1.26-acre large corner lot in University Place, Washington. It is near an abundance of shopping and dining options while providing residents easy access to a strong employment sector throughout the region. The property, with its single 1967-built structure, features two-bedroom unit layouts with ample parking. The uniquely sized building allows for effective and efficient professional management. Furthermore, The Villager offers a rent upside of approximately 18+ percent. Priced at under $250,000 per unit, and with currently low-interest rates, The Villager offers buyers a good in place cashflow with near-term upside by upgrading units.

Listing Details

Asset Class: Multi-Family
Year Built: 1967
Building Total Square Feet: 16000
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 30
Local Zoning Information:

CBA

Listing Courtesy of: Kidder Mathews

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 3801, Bridgeport Way, University Place, WA 98466
  • City: University Place
  • State/county: WA
  • Zip/Postal Code: 98466
  • Neighborhood: University Place/Fircrest
  • Country: United States

Detail

Updated on February 28, 2021 at 6:51 pm

  • Property ID: 636289
  • Price: $4,950,000.00/For Sale
  • Property Size: 16000 Sq Ft
  • Property Type: Multi-Family
  • Property Status: New

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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