142 - 248 Arcadia Terrace
Port Townsend WA 98368

Salish Gardens

142 - 248 Arcadia Terrace Port Townsend WA 98368

Listing #: 672920 | Status: Pending | Last Modified: 4/4/2024 |

For Sale
Steve Fischer
  • Phone:(425) 830-2254
  • Email:sfischer@northmarq.com
  • Office Name:Northmarq Commercial, LLC
  • Office Phone:(425) 454-8699
  • Office Website:
Joseph Kinkopf
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 6,250,000.0
  • $/SF$ 260.4
  • $/Unit$ 260,416.7
  • Listing StatusPending
  • Days on Market209
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.63 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units24
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings12
  • # of Floors1
  • # of Units24
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF29800
  • Net Rentable Area24000
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF214315
  • Acres4.92
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyJefferson
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaJefferson County
  • Tax ID #931100501
  • Additional Parcels931100198, 931100199
  • ZoningRR-5
Parking Information
  • # Covered Spaces24
  • # Uncovered Spaces14
  • Total Parking Spots38
  • Parking Ratio
Construction
  • Year Built1997
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Salish Gardens

Public Comments

Northmarq is proud to present the Salish Gardens for sale. This 24 unit, one-story property is a mostly renovated apartment community in Port Townsend. Salish Gardens is comprised of 12 duplex buildings, each with their own tax parcel number. The units themselves each boast a partially fenced back yard with a greenbelt backdrop, cement patio, and attached spacious garage. The freshly renovated and spacious interiors include new kitchen cabinets, quartz countertops, new stainless steel appliances, side by side washer & dryers in a laundry room, flooring, doors, mill work, lighting, and more.

Listing Images