1665 - 1733 Payseno Ln SE
Port Orchard WA 98366

The Ridge at Payseno Lane Apartments

1665 - 1733 Payseno Ln SE Port Orchard WA 98366

Listing #: 675465 | Status: Available | Last Modified: 4/22/2024 |

For Sale
Thomas Brown
  • Phone:(253) 219-6411
  • Email:tbrown@lee-associates.com
  • Office Name:Lee & Associates Comm RE Serv
  • Office Phone:(253) 383-8382
  • Office Website:
Kyle Prosser
Bruce Barker
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 28,250,000.0
  • $/SF$ 395.9
  • $/Unit$ 317,415.7
  • Listing StatusAvailable
  • Days on Market152
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.40 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units89
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings5
  • # of Floors3
  • # of Units89
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF73169
  • Net Rentable Area71354
  • Total Office SF703
  • Largest Contiguous SF400
  • Lot SF216291
  • Acres4.97
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKitsap
  • VicinityEast Port Orchard
  • Location DescriptionFrom Bethel East on Mile Hill Dr to Payseno on Right.
  • Second Address
  • Cross StreetSE Mile Hill Dr
  • Market AreaPort Orchard
  • Tax ID #312402-2-022-2009
  • Additional Parcels312402-2-002-2003, 312402-2-021-2000
  • ZoningCMU
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces86
  • Total Parking Spots86
  • Parking Ratio
Construction
  • Year Built2023
  • Year Renovated
  • Completion Date
  • Roof TypeCOMP
  • Construction TypeWood

The Ridge at Payseno Lane

Public Comments

Along Mile Hill Dr, at the top of the hill from the Kitsap Transit Annapolis Foot Ferry. New Construction, High quality quartz countertop, stainless steel appliances, and LVP flooring.

Public Building Comments

Prime commercial property on high traffic main arterial. Site is well suited for mixed use development, strip center or larger single user. Good exposure site with all utilities, including sewer, readily available. Full access onto Mile Hill Drive. Located within the City of Port Orchard.

Listing Images