The Cottages at Oak Harbor is a community consisting of 9 stand-alone apartment homes nestled in a quiet park-like setting. The cottages are located just a short walk to Moran’s Beach County Park, Hyde Beach, and Deception Pass. The Cottages are comprised of (7) 2 bed/1 bath homes and (2) 1 bed/1 bath homes built in 1952. The 2-bedroom homes measure between 700-800 SF and the 1-bedroom homes are 600 SF. Washer/Dryer in-unit, hardwood floors, large fenced yards with private decks. The property provides an investor with the unique opportunity to own a well-maintained asset in an inventory-constrained market located close to beaches. A new owner has the opportunity to raise rents 10% to market levels without upgrades to unit interiors.
