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Apartments For Sale • 21,600 SF
| Built in 1971 and well-maintained, this property offers significant rental upside and opportunities to reduce operating costs |
| Features 32 units with a balanced mix of 1- and 2-bedroom layouts, providing strong potential for increased returns through renovations & rent growth |
| Tacoma remains one of the most in-demand rental markets in the Seattle region, with 40% of housing units occupied by renters |
| In 2017, $555,000 in capital improvements were completed, including a new roof, exterior paint, and updated plumbing and electrical systems |
| All units received new flooring and refinished bathtubs with fiberglass surrounds |
| Building amenities include on-site laundry, surface parking, a leasing office and courtyard |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lakewood Station (Seattle - Tacoma/Lakewood - Sound Transit) | 9 min | - | 4.9 mi |
| South Tacoma Station (Seattle - Tacoma/Lakewood - Sound Transit) | 11 min | - | 6.7 mi |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 45 min | - | 28.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 26 |
| Type: | Surface |
| Included in Rent: | Yes |
Brandon Lawler
Berkadia
Brandon Lawler
Berkadia
