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11424 A St S
Tacoma, WA 98444 Parkland

Price Upon Request

Apartments For Sale  •  16,294 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,294 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1995
  • Zoning UCOR
0 Transit Score
70 Walk Score

Highlights

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

Amenities

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.4 mi
10 min - 6.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 44 min - 27.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes