• $5,400,000
  • 55,220 ft2
  • 113 Parking Spots

79 Unit Apartment Bldg. 7.8% Cap Rate. Assume Fixed rate loan 3.75%. 100% occupied. Long term tenants. On-site property manager and maintenance person. New roof & windows. Adding new curbs, decking and paint soon. Turnkey. Appreciating area of growth. 2 One story bldgs and 6 Two story bldgs. 113 parking spots. Large green space/gardens for tenants – could be used to build recreation area or larger laundry area for improvements. 2.9 acres of land, irrigation system, next to shopping, Lakewood Mall, I-5 and schools.

  • County Pierce
  • Number of Units 79
  • Lot Square Footage 126, 800
  • Zoning Code Multi-Family
  • Units 56 -10+
  • Stories 2
  • Exterior Wood
  • Maintenance Person
  • Near Freeway
  • Near Schools
  • Near Shopping
  • New Curbs
  • New Roof
  • New Windows
  • Property Manager

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