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425 4th St NE
Puyallup, WA 98372 Downtown Puyallup

Price Upon Request

Apartments For Sale  •  11,280 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,280 SF
  • Lot Size 0.66 AC
  • Building Class C
  • Year Built 1980
  • Zoning RS-06
0 Transit Score
88 Walk Score

Highlights

12 townhome units that are all in turnkkey position with 10 being fully remodeled and 2 value add potential
Potential to increase NOI through management or partial renovation
Large townhomes style units averaging 940 SF In the heart of downtown Puyallup, near shops and amenities
Walk Score of 87, offering excellent pedestrian access to daily needs
Current cap rate of 6.04% and market cap rate of 6.49%
Option to assume financing at 3.40%, Loan amount of $1,767,469.53

Public Transportation

Commuter RailDriveWalkDistance
Puyallup Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 9 min 0.5 mi
Puyallup Station (Seattle - Tacoma/Lakewood - Sound Transit) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
Seattle-Tacoma International 37 min - 20.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes