Harbor Custom Development, Inc., a real estate company with expertise in all aspects of the land development cycle, has entered into an agreement to sell the land and site improvements for the future Bridge View Trail apartments in Port Orchard, WA to a leading global real estate company for $11 million. The anticipated closing is scheduled on or before June 30th upon buyer satisfaction and waiver of its feasibility contingency.
The 138-unit complex will feature garden-style apartments on 9.13 acres off Harold Dr SE in Port Orchard and provide convenient access to Seattle’s core job market within 20 minutes from Southworth and Bremerton ferry terminals. Additionally, it is located approximately 15 minutes away from Naval Base Kitsap which employs around 40 thousand people connected with military defense industry – another major contributor to regional economy.
This sale marks yet another milestone achieved by Harbor Custom Development as they continue their commitment towards providing quality housing solutions across Washington State regionally as well nationally .