518 E 32nd St - Apartments FOR SALE


Tacoma, WA 98404- Eastside
$1,400,000 USD
253-779-8400
518 E 32nd St, Tacoma, WA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

518 E 32nd St
Tacoma, WA 98404
Eastside


OVERVIEW

Unique fourplex with views and individual garages separate this property from other similar multifamily investment sites. Located in the emerging Eastside of Tacoma, this property is minutes from I-5, local and regional transit center, Tacoma Dome, Americas Car Museum, Tacoma Link Light Rail and many other amenities. There is plenty of room for rent growth with new ownership as these units are well below the recently published “market rent” numbers from the City of Tacoma. This has been a low maintenance rental property with great tenant retention. Ownership is looking to retire and pass the property along to another investor. Please contact us for additional information, tours provided after accepted purchase agreement as part of due diligence.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$215 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

518 E 32nd St Fourplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,657 SF

ZONING

R4L

APN/PARCEL ID

208224-0041

ASK ABOUT THIS PROPERTY

Derrick UrquhartNeil Walter CompanyMore Info
253-779-8400

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Derrick UrquhartNeil Walter CompanyMore Info
253-779-8400

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