Buying Pre-Sale/ New Construction Properties:

Getting in on a pre-sale opportunity of any new development will almost guarantee a great investment.  Most new construction properties will experience 1 or more price increases before the property is completed. Here are some of the upcoming commercial and residential projects underway, or planned within the next few years:

• Kingston Station (commercial) - plan is to build a new shopping district in downtown Kingston, adding specialty shops, pharmacy, gourmet grocery, etc.
• White Horse Golf Community  - new golf country club under construction in Kingston, WA, consisting of 224 home-sites on 450 acres, an 18-hole championship golf course, clubhouse and resort. Phase I is almost sold out however, there will be at least two more phases of homes built and there are many strong investment opportunities available.
• Kingston Homestead Area - 89 lots on 2.5 acres
• Kingston AppleTree Development - 106 lots on 140 acres
• Kingston Arborwood Development - 735 homes on 350 acres (planned 5 years out)
• Olhava Project in Poulsbo (commercial & residential) - 225 acres include a new Wal-Mart, Olympic College, and home sites.
• Kingston Park Development (commercial & residential) - Phase I on 415 acres, Phase II on 400 acres

Rentals

Great investment homes available for rentals located in the Hwy 3 corridor. Bangor Naval Station is currently in-processing 4,000 new personnel for additional military contracts; meaning a high demand for off-base rental housing!

Fixers

There are many opportunities in Kitsap County to purchase a below-market value home or duplex; renovate the property and re-sell for a substantial gain. Bremerton is a highly targeted area for this type of investing, as the city is under-going a major cleanup campaign, and the re-sale value of homes is increasing.