8424 6th Ave - Apartments FOR SALE


Tacoma, WA 98465- West End
$3,750,000 USD
360-771-0010
8424 6th Ave, Tacoma, WA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/9
null | 5.26% Cap Rate

8424 6th Ave
Tacoma, WA 98465
West End


HIGHLIGHTS

  • Spacious 1,050 SF 2BR/1.5BA Townhome-Style Units
  • All Units Feature In-Unit Washer/Dryer, Dishwasher and Fireplace
  • Dedicated Off-Street Parking For All Tenants

OVERVIEW

The Titlow Beach Townhomes present a rare coastal investment opportunity consisting of two adjacent six-unit buildings totaling twelve residences. Constructed in 1979 and 1983, the property reflects strong pride of ownership with consistent maintenance, thoughtful upgrades, and modernized interior finishes. Each residence features a spacious two-bedroom, one-and-a-half-bath townhome layout of approximately 1,050 square feet, complemented by private entry-ways, in-unit laundry, fireplaces, dishwashers, and exclusive backyard or patio spaces. A distinguishing feature of the asset is its structure of six individual condominium tax parcels, creating unique flexibility and the potential for a phased or condo-by-condo disposition strategy that can enhance liquidity and value realization.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$613 USD /SF

# OF UNITS

12

PRICE/UNIT

$312,500

CAP RATE

5.26%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Titlow Beach Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,291 SF

ZONING

C2, Tacoma

APN/PARCEL ID

022004-4331,910601-0010,910601-0030,910601-0040,910601-0050,910601-0060

ASK ABOUT THIS PROPERTY

Tanner FogleWestlake Associates, Inc.More Info
360-771-0010

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Tanner FogleWestlake Associates, Inc.More Info
360-771-0010

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