The Villager Apartments (Status: Available)
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.
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:
Listing Courtesy of: Kidder Mathews
Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.