Built in 1901 and revitalized in 2021, Broadway Manor is a an eleven-unit community located in the Downtown Bremerton. Minutes away from the Puget Sound Naval Shipyard and walking distance from Olympic College, Broadway Manor is perfectly situation in a location driven by a stable economic drivers and rental demand alike. From a tenant’s perspective, comfortable one-bedroom units in a walkable neighborhood combined with beautiful common space in the courtyard make Broadway Manor an excellent place to call home.

Broadway Manor consists of eleven one-bedroom, one-bathroom units averaging ±650 square feet. Each unit features a kitchen and living room separate from the large kitchen. At a purchase price of $1,900,000, Center Street Apartment offers a great value to a buyer at $172,727. An incoming investor can steadily increase rents without making any major capital improvements and easily achieve over an 8% total return.