8810 John Dower Rd SW - Apartments FOR SALE


Tacoma, WA 98499
$4,800,000 USD
206-665-3272
8810 John Dower Rd SW, Tacoma, WA for Sale
$4,800,000 USD
Apartments - FOR SALE
1/6
null | 6.5% Cap Rate

8810 John Dower Rd SW
Tacoma, WA 98499


HIGHLIGHTS

  • Excellent transportation access.
  • Undermarket Rents.
  • Prime Lakewood Location.
  • Fully leased with zero delinquency.

OVERVIEW

Turnkey Investment. Fully upgraded systems throughout with plenty of rental upside. 10 minutes from I-5 and the Lakewood Sounder Station. .

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

24

PRICE/UNIT

$200,000

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Woods Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

MF1, Tacoma

APN/PARCEL ID

022035-2009

ASK ABOUT THIS PROPERTY

JD FullerKidder MathewsMore Info
206-665-3272

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JD FullerKidder MathewsMore Info
206-665-3272

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