4902 111th St SW - Apartments FOR SALE


Lakewood, WA 98499- Lakeview Tacoma
$1,650,000 USD
206-304-0317
4902 111th St SW, Lakewood, WA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/13
null | 5.19% Cap Rate

4902 111th St SW
Lakewood, WA 98499
Lakeview Tacoma


OVERVIEW

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HDN Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C1, Lakewood

APN/PARCEL ID

508000-0082

ASK ABOUT THIS PROPERTY

Hau NguyenHDN Real EstateMore Info
206-304-0317

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Hau NguyenHDN Real EstateMore Info
206-304-0317

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