921 12th Ave SE - Apartments FOR SALE


Puyallup, WA 98372- Downtown Puyallup
$4,550,000 USD
206-774-5436
921 12th Ave SE, Puyallup, WA for Sale
$4,550,000 USD
Apartments - FOR SALE
1/26
null | 6.4% Cap Rate

921 12th Ave SE
Puyallup, WA 98372
Downtown Puyallup


OVERVIEW

The Foundation Group is pleased to present Lindale Apartments, a 24-unit multifamily community located in a quiet residential neighborhood of Puyallup within Pierce County. The property offers a well-balanced mix of one- and two-bedroom units designed to appeal to a broad renter base, including individuals, couples, and small families. Ideally positioned just minutes from Downtown Puyallup, the property provides convenient access to local shopping, dining, and everyday services, along with major destinations such as MultiCare Good Samaritan Hospital and South Hill Mall. The property went through an interior renovation in 2016 and has been meticulously maintained on unit turns, featuring renovated units with modern finishes that enhance tenant appeal.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

24

PRICE/UNIT

$189,583

CAP RATE

6.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lindale Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

RM20, Puyallup

APN/PARCEL ID

042034-5027

ASK ABOUT THIS PROPERTY

Aaron LockeThe Foundation GroupMore Info
206-774-5436

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

Aaron LockeThe Foundation GroupMore Info
206-774-5436

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