1913 Coolidge Road, Aberdeen, WA 98520
- $3,000,000
- 26,880
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $3,000,000
- Status
- ACTIVE
- MLS#
- 2559385
- Days on Market
- 273
- Style
- 56 - 10+ Units
- Finished SqFt
- 26,880
- Area Total SqFt
- 26880
- Annual Tax Ammount
- 22745
- Lot Size (sq ft)
- 52,500
- Sewer
- Sewer Connected
Property Description
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. he property has received $654,470 in recent capital improvements, including roof replacements, siding replacements, foundation and framing repairs, and double-pane window replacements, along with various unit interior renovations. Every residence includes in-unit washer and dryer hookups, and with additional renovations there is a straightforward path to higher achievable rents while supporting stable occupancy.
/u.realgeeks.media/rolandacarriere/header.png)
Additional Information
- List Date
- 2025-10-28 18:28:18
- Community
- South Aberdeen
- Net Operating Income
- $215,252
- Gross Adjusted Income
- $388,650
- Gross Scheduled Income
- $413,350
- Total Monthly Income
- $34,446
- Insurance Expenses
- $14,296
- Water/Sewer/Garbage Expenses
- $75,880
- Gross Rent Multiplier
- 7.18
- Total Expenses
- $173,399
- Cap Rate
- 7.29
- Vacancy Rate
- 5
- Total Number of Units
- 32
- Unit Name
- 1913
- Potential Terms
- Cash, Conventional
- Year Built
- 1979
- Roof
- Composition
- Other Expenses
- 60478
- Energy Source
- Electric
- School District
- Aberdeen
- Total Monthly Income
- $34,446
- Gross Scheduled Income
- $413,350
- Vacancy Rate
- 5
- Gross Adjusted Income
- $388,650
- Tax Year
- 2026
- Insurance Expense
- $14,296
- W/S/G Expenses
- $75,880
- Total Expenses
- $173,399
- Net Operating Income
- $215,252
- Gross Rent Multiplier
- 7.18
- Cap Rate
- 7.29
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.