3332 Chandler St - Apartments FOR SALE


Tacoma, WA 98418- South End
$1,429,669 USD
425-232-4266
3332 Chandler St, Tacoma, WA for Sale
$1,429,669 USD
Apartments - FOR SALE
1/24
null | 6% Cap Rate

3332 Chandler St
Tacoma, WA 98418
South End


OVERVIEW

The Chandler Street Apartments presents a stabilized 8-unit multifamily investment offering a current 6.0% cap rate with upside to 6.8%. The property consists of eight 1-bed x 1-bath units and is 100% occupied with historically low turnover, providing immediate and reliable cash flow. Recent interior upgrades include new LVP flooring, updated kitchen countertops, and refreshed bathroom cabinetry. Exterior capital improvements feature new paint, a repaved and striped parking lot, and a secure gated entry. Tenant amenities include on-site laundry, storage, and off-street parking. Centrally located with convenient access to I-5, SR-16, transit, shopping, and dining.

FOR SALE DETAILS

PRICE

$1,429,669 USD

PRICE/SF

$307 USD /SF

# OF UNITS

8

PRICE/UNIT

$178,709

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chandler Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,369 SF

ZONING

R4, Tacoma

APN/PARCEL ID

298000-0720

ASK ABOUT THIS PROPERTY

Wendy PedersenEvery Door Real EstateMore Info
425-232-4266

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Wendy PedersenEvery Door Real EstateMore Info
425-232-4266

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