Multifamily
Lund Pointe Apartments
Port Orchard, WA
Neil Walter Company
Read the real estate offering memorandum that Neil Walter Company used in 2016 to pitch a 5.03% cap rate, 23,760 SF residential property investment in Port Orchard, WA. The property offers $158,410 in net operating income and a structure built in 1995, located at 3300 Valentine Ln SE, Port Orchard, WA 98366. Browse 100+ other real estate OM examples from actual transactions.
Price
$3.1M
Cap Rate
5.03%
NOI
$158,410
Units
25
Property Details
- Address
- 3300 Valentine Ln SE, Port Orchard, WA 98366
- Market
- Port Orchard, WA
- Asset Class
- Multifamily
- Property Type
- Residential
- Units
- 25
- Building Size
- 23,760 SF
- Year Built
- 1995
- Land Size
- 1.55 acres
- Broker
- Trevor Kovich
- Year Offered
- 2016
Financial Summary
- Price / Asking Price
- $3.1M
- Cap Rate
- 5.03%
- Net Operating Income
- $158,410
- Occupancy Rate
- 1%