Skip To Content

142 - 284 Arcadia Terrace

Port Townsend, WA 98368
  • $6,250,000
  • STATUS: Pending Inspection
  • ID#: 2173044
Under Contract
$6,250,000
  • 0
    BEDS
  • 4.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,000
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1997
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Northmarq Commercial, LLC.
Mortgage Calculator is provided by BoomTown.

Description

Northmarq is proud to present the Salish Gardens for sale. Renovated two bed/one bath units with garage and in unit laundry. 6.63% Cap Rate in Place. It is comprised of 12 duplex buildings, each with their own tax parcel number. The units boast a partially fenced back yard with a greenbelt backdrop, cement patio, and attached spacious garage. The freshly renovated, spacious interiors include new kitchen cabinets, quartz CT, stainless steel appliances, side by side WDs in a laundry room, flooring, doors, mill work, lighting, and more. Salish Gardens is located in an area with a stabilized vacancy rate that is below the submarket pre-pandemic average, and has seen significant rent growth along with a surge in investor interest.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-19T15:42:19.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-19T15:42:19.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.roystonteam.com/homes/144506545
Print Image

142 - 284 Arcadia Terrace Port Townsend, WA 98368

  • Price: $6,250,000
  • Status: Pending Inspection
  • On Site: Days
  • ID#: 2173044
0
Beds
0
Baths
0
½ Baths
4.25
Acres
24,000
SQFT
$260
$/SQFT
1997
Built
Neighborhood:
South of Port Townsend
County:
Jefferson
Area:
South Port Townsend
School District:
Port Townsend #50
Property Description
Northmarq is proud to present the Salish Gardens for sale. Renovated two bed/one bath units with garage and in unit laundry. 6.63% Cap Rate in Place. It is comprised of 12 duplex buildings, each with their own tax parcel number. The units boast a partially fenced back yard with a greenbelt backdrop, cement patio, and attached spacious garage. The freshly renovated, spacious interiors include new kitchen cabinets, quartz CT, stainless steel appliances, side by side WDs in a laundry room, flooring, doors, mill work, lighting, and more. Salish Gardens is located in an area with a stabilized vacancy rate that is below the submarket pre-pandemic average, and has seen significant rent growth along with a surge in investor interest.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 24 Exterior Features Wood Lot Features Dead End StreetOpen SpacePaved Open Parking Spaces 14 Open Parking YN Yes Parking Total 38 Parking Uncovered Spaces 14 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 24000 Cooling Forced Air Cooling YN Yes Fireplace YN No Flooring LaminateVinylVinyl PlankCarpet Heating Forced Air Heating YN Yes Interior Features Laminate HardwoodWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Name Salish Gardens Energy Source Electric Irrigation Water Rights YN No Listing Terms Cash OutConventionalRehab Loan Net Operating Income 414144 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 27959 Tax Year 2023 Units In Building Total 24 Year Built Effective 2021 Zoning Class Multi-Family



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-19T15:42:19.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-19T15:42:19.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2173044-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2173044-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2173044-1.jpg
Logo
The Royston Team at Keller Williams Greater 360
Poulsbo WA, 98370
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Northmarq Commercial, LLC.
Mortgage Calculator is provided by BoomTown.