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Norseman Apartments
1913 Coolidge Road Aberdeen WA 98520
Listing #: 704154 | Status: Available | Last Modified: 4/15/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 366,205 |
| Vacancy Factor % | 6.00% |
| Operating Expenses | 158,990 |
| Net Operating Income | 185,242 |
| CAP Rate | 6.29 % |
| 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 |
| Financial Summary | |
|---|---|
| CAP Rate | 6.289 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 2 |
| # of Units | 32 |
| # of Elevators | 0 |
| Total Building SF | 26,880 SF |
| Net Rentable Area | 26,800 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 52,708 SF |
| Acres | 1.21 |
| Year Built | 1979 |
| Roof Type | Composition |
| Construction Type | Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | Grays Harbor |
| Market Area | Not Assigned |
| Tax ID # | 014601000802 |
| Zoning | RM |
Norseman - Aberdeen 32-Unit
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
Within walking distance of the growing Grays Harbor College. Well maintained property.
Norseman Apartments
1913 Coolidge Road Aberdeen WA 98520
Listing #: 704154 | Status: Available | Listing Date: 10/21/2025 | Last Modified: 4/15/2026 | Email Listing
For Sale
Norseman Apartments
