Apartments For Sale • 16,294 SF
| Ideal repositioning opportunity; well-maintained asset featuring 14 spacious one- and two-bedroom units with ample parking |
| Assumable loan of $1,991,000 at 4.51% through October 2027 with one year of interest-only payments remaining |
| 50% of units have been extensively renovated over the past two years, leaving seven units in classic condition |
| In-place rents up to $162 below market rate with further premiums achievable upon renovation |
| Less than five miles from Lakewood Station, Lakewood’s mass transit hub, providing rail and express bus service |
| 42% of housing units in Tacoma are renter-occupied; diversification & expansion have made it an attractive relocation spot for business & residents |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 4.4 mi | |
| 10 min | - | 6.2 mi | |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 44 min | - | 27.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |