9618 Pacific Ave - Apartments FOR SALE


Tacoma, WA 98444- Midland
$2,198,000 USD
253-381-5878
9618 Pacific Ave, Tacoma, WA for Sale
$2,198,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

9618 Pacific Ave
Tacoma, WA 98444
Midland


OVERVIEW

Prime Pacific Avenue location! This unique investment property features 10 multifamily units. Frontage features a minimart grocery and convenience store. The two renovated homes in the back offer a fantastic living opportunity. Live in one while operating the grocery business just steps away! Thousands of daily commuters pass by with easy access to 512 Freeway at 112th & Pacific. Ample parking available. Long-term tenants with zero vacancies make this an ideal, hassle-free investment. This commercial property offers great potential for long-term appreciation, steady rental income, and the option to operate your own business. It’s a strong investment in one of Tacoma’s most active corridors.

FOR SALE DETAILS

PRICE

$2,198,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

10

PRICE/UNIT

$219,800

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C2

APN/PARCEL ID

031904-2103

ASK ABOUT THIS PROPERTY

Francie ZanuzoskiJohn L. Scott R.e.tacoma NorthMore Info
253-381-5878

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

Francie ZanuzoskiJohn L. Scott R.e.tacoma NorthMore Info
253-381-5878

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