301 Sid Snyder Dr Long Beach, WA 98631

Listing agency Marcus & Millichap - Sacramento y***@marcusmillichap.com Show Phone

Listed by Yasko Massias · License #License(s): CA: 02281637 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 10 at 1:16PM

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Investment Insights

Based on property information with market context.

Westwind Manor is a 34-unit USDA Affordable Housing community located in Long Beach, WA. The property consists of 34 one-bedroom, one-bathroom units. All units are under USDA Rural Development 515 assistance. The current USDA contract is set to expire in August of 2030, with the potential to apply for a new set of tax credits and redevelop the property. The current ownership has invested consistently in the property over the past decade. Turnover units are brought to market standards, and necessary repairs are addressed immediately. Over the life of the property, ownership has completed proper maintenance routines to support long-term asset performance and site stability. Long Beach is a small coastal community on the Long Beach Peninsula in Pacific County, Washington, known for its scenic beachfront nature. The local economy is supported by retail trade, health care & food service sectors that reflect both visitor demand and local service needs. Westwind Manor is surrounded by hotels and restaurants, which provide residents with proximity to employment centers and recreational amenities.

Key Highlights

• 34‑unit USDA Affordable Housing community in Long Beach, WA.
• USDA Rural Development 515 assistance in place.
• Current USDA contract extends to August 2030.

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FAQs

What type of property is this?

Apartment building - 34-unit USDA affordable housing community in coastal Long Beach, WA.

Where is this apartment building located?

The property is located at 301 Sid Snyder Dr Long Beach, WA.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: 34‑unit USDA Affordable Housing community in Long Beach, WA.; USDA Rural Development 515 assistance in place.; Current USDA contract extends to August 2030.