1913 Coolidge Road
Aberdeen WA 98520

Norseman Apartments

1913 Coolidge Road Aberdeen WA 98520

Listing #: 704154 | Status: Available | Last Modified: 4/15/2026 |

For Sale
Reid Jones
  • Phone:(206) 250-9655
  • Email:reid@westlakeassociates.com
  • Office Name:Westlake Associates, Inc.
  • Office Phone:(206) 505-9400
  • Office Website:
AJ Lachini
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,295,000.0
  • $/SF$ 122.9
  • $/Unit$ 3,295,000.0
  • Listing StatusAvailable
  • Days on Market196
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income366,205
  • Vacancy Factor %6.00%
  • Operating Expenses158,990
  • Net Operating Income185,242
  • CAP Rate 6.29 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.29 %
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors2
  • # of Units32
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF26880
  • Net Rentable Area26800
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF52708
  • Acres1.21
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyGrays Harbor
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #014601000802
  • Additional Parcels
  • ZoningRM
Construction
  • Year Built1979
  • Year Renovated
  • Completion Date
  • Roof TypeComposition
  • Construction TypeWood

Norseman - Aberdeen 32-Unit

Public Comments

The Norseman is a prime investment opportunity in Aberdeen, Washington, is a well-maintained, garden-style apartment community of 32 units, featuring spacious two-bedroom, one-bath layouts. The Norseman has benefited from significant recent capital improvements and offer strong value-add potential through rent repositioning and light renovations. Norseman Apartments is a well maintained 32-unit garden-style community built in 1979 at 1913 Coolidge Road in South Aberdeen, offering all two-bedroom, one-bath homes of approximately 840 square feet. Residents have quick access to US 12, major employers in Aberdeen and Hoquiam, and everyday conveniences near Grays Harbor College, the Bishop Center for Performing Arts, and the John Spellman Library, creating a practical and connected neighborhoo

Public Building Comments

Within walking distance of the growing Grays Harbor College. Well maintained property.

Listing Images