$ 2,500,000
4120 109th ST SW Tacoma, WA 98499
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Listed by Urban Commercial Partners, LLC
$ 2,500,000
Est. payment /mo
Active
4120 109th ST SW Tacoma, WA 98499
1 Bed
1 Bath
0.5 Acres Lot
UPDATED:
11/14/2024 02:46 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood
MLS Listing ID 2302122
Style 56 - 10+ Units
Bedrooms 1
Year Built 1979
Annual Tax Amount $17,014
Lot Size 0.500 Acres
Property Description
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Location
State WA
County Pierce
Area 36 - Lakewood
Interior
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Lakewood
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.