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Waterfront Park Apartments
8755 Shores Pl NW Silverdale WA 98383
Listing #: 701596 | Status: Available | Last Modified: 4/9/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.92 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 4 |
| # of Floors | 2 |
| # of Units | 20 |
| Total Building SF | 15,160 SF |
| Net Rentable Area | 14,040 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 42,292 SF |
| Acres | 0.97 |
| Year Built | 1943 |
| Year Renovated | 2023 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | B |
| Location | |
|---|---|
| County | Kitsap |
| Cross Street | Silverdale Way |
| Market Area | Silverdale |
| Tax ID # | 4463-000-007-0104 |
| Zoning | MULTI-FAMILY |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 30 |
| Total Parking Spots | 30 |
Waterfront Park Apartments
Investment Highlights: ~Exceptional Beachfront Location: A rarity in apartment ownership is the chance to own an asset where residents can step out their front door and take a walk on the beach overlooking the gorgeous Dyes Inlet. ~Desirable Floor Plans: Waterfront Park features 16 two-bedroom townhome-style apartment homes and 4 one-bedroom units. ~Constrained Housing Supply: No new multifamily units under construction in the Silverdale sub-market. ~Demonstrated Rent Growth: Rental rates have increased 9.82% since 2023, reflecting strong tenant demand. ~Turnkey Renovations: Over $1,100,000 in comprehensive upgrades completed, including new roofs, siding, appliances, flooring, cabinetry, electrical, and plumbing systems. ~Thriving Regional Economy: Anchored by Naval Base Kitsap
Drive by only. Do not disturb tenants. Interior inspections only after mutually accepted offer. Lots of potential but needs hands on ownership. Current owner/agent has too many projects.
Waterfront Park Apartments
8755 Shores Pl NW Silverdale WA 98383
Listing #: 701596 | Status: Available | Listing Date: 8/21/2025 | Last Modified: 4/9/2026 | Email Listing
For Sale
Waterfront Park Apartments
