8755 Shore Pl NW

Silverdale, WA 98383
  • $5,250,000

    Price
  • 36

    Bed
  • 20

    Bath
  • 15,160

    SqFt

About the Listing 7913 - 146115,28191

Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.93% cap rate and a 6.56% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

Listing Highlights for 8755 Shore Pl NW

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 2431025
Year Built 1942
Total Square Footage 15,160
Lot/Acreage 0.97
County Kitsap
Neighborhood Silverdale
School District Bremerton #100c

Interior Details

  • Bedrooms: 36
  • Bathrooms: 20 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Ocean Front
  • Garage Capacity: N/A
  • Parking Spaces: 36
  • Roof: Metal
  • Others: Wood Products,Updated/Remodeled
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $25,622
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 44630000060204
  • Tax Year: 2025

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Questions About..

8755 Shore Pl NW Silverdale, WA 98383

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Originating MLS: nwmls

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