234 S 70th St - Apartments FOR SALE


Tacoma, WA 98408- South End
$2,350,000 USD
425-830-7980
234 S 70th St, Tacoma, WA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/14
null | 5.45% Cap Rate

234 S 70th St
Tacoma, WA 98408
South End


OVERVIEW

Very unique opportunity for investors.Turnkey investment, fairly new with great cash flow. fiveplex ready to transfer to the right buyer. Town house style, with two covered parking space for each unit. Each town home is three story with 2 beds and 2.5 bath. 2 primary bedrooms with full baths and another half bath, 2 car tandem garages & open concept kitchen/family rooms with powder room for guests. Walking distance to Fred Meyer and short distance to Wapato park and stores. No maintenance building makes this property a very attractive low maintenance investment. NO HOA. Nine years of tax abatement left on the building. Taxes are based off land only. You won’t regret this. No Showing until mutual agreement. Tenants not aware of listing. Please do not disturb.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$401 USD /SF

# OF UNITS

5

PRICE/UNIT

$470,000

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,504 SF

ZONING

URX

APN/PARCEL ID

661500-2311

ASK ABOUT THIS PROPERTY

Mandy AfrassiabiEXP Realty LLC - Chris Camacho PAMore Info
425-830-7980

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Mandy AfrassiabiEXP Realty LLC - Chris Camacho PAMore Info
425-830-7980

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.