1215 Burwell St

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1215 Burwell St

Bremerton, WA 98337
Asking Price
$1.95M
Cap Rate
6.4%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Ideally located Multifamily | TRUE 6.4% CAP | 11 Units next to PSNS, Ferries, Downtown Bremerton <ul><li>​Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer</li><li>​This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance</li><li>​Self managing these units would provide a cap rate over 7.3%!!</li><li>​Storage available for tenants to rent for additional inc

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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