713-715 S Yakima Ave - Apartments FOR SALE


Tacoma, WA 98405
$2,450,000 USD
206-442-2735
713-715 S Yakima Ave, Tacoma, WA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/9
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713-715 S Yakima Ave
Tacoma, WA 98405


HIGHLIGHTS

  • Fully remodeled turn-key opportunity
  • Large lot with potential to add units
  • Near the historic 27-acre Wright Park
  • Excellent Downtown Tacoma location

OVERVIEW

CBRE proudly presents the Smith Apartments, a 14-unit turn-key investment opportunity located in Tacoma’s thriving Hilltop neighborhood. The Smith Apartments were remodeled down to the studs in 2024 and feature all new plumbing and electrical systems, in-unit washers and dryers, and premium quality finishes. The property is close to shops, restaurants, and the historic Wright Park. The 6th Avenue light rail station is also a short walk away, providing easy access to downtown Tacoma and other parts of the city.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$568 USD /SF

# OF UNITS

14

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smith Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1919

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

DR

APN/PARCEL ID

200715-0050

ASK ABOUT THIS PROPERTY

Peter WrightCBREMore Info
206-442-2735

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Peter WrightCBREMore Info
206-442-2735

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