Value-Add Multifamily Investment
1912 SE Jerry Ln Port Orchard, WA 98366
1912 SE Jerry Ln, Port Orchard, WA, 98366
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For Sale
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Multifamily property with value-add potential in Port Orchard, WA.
Property Size28,095 SF
Days on Market59
Property Features for 1912 SE Jerry Ln
General Information
- Standard status
- Active
- Size
- 28,095 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1997
Listing Agency
Kidder Mathews Tacoma
(253) 722-1421
Listed by
Austin Kelley · License #WA
Source
Crexi
Added: May 20 Checked: Jul 16 at 6:39 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Tacoma
Investment Insights
Based on property information with market context.
Built in 1997, Lund Village offers spacious unit layouts and a value-add opportunity through interior and exterior renovations. Rents are currently below market, presenting a chance to capture rent premiums and increase net operating income through modernization and common area enhancements. The property's location provides access to Highway 16, retail corridors, and employment centers such as Naval Base Kitsap and the Bremerton-Port Orchard job base. This location supports rental demand and positions the asset for workforce housing and investment stability. The property has been well maintained with stable occupancy, offering a solid operational foundation. The unit mix, building quality, and location within a supply-constrained submarket create a repositioning opportunity.
Key Highlights
- Value‑add opportunity through interior and exterior renovations to increase rents.
- Strategic location with immediate access to Highway 16, retail, and major employers (Naval Base Kitsap).
- Below‑market rents offer potential for significant rent premiums.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lund Village
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multifamily property with value-add potential in Port Orchard, WA.
Where is this apartment building located?
The property is located at 1912 SE Jerry Ln Port Orchard, WA.
What are key features of this property?
This property features: Value‑add opportunity through interior and exterior renovations to increase rents.; Strategic location with immediate access to Highway 16, retail, and major employers (Naval Base Kitsap).; Below‑market rents offer potential for significant rent premiums.
