7431-7435 Pacific Ave - Apartments FOR SALE


Tacoma, WA 98408- South End
$10,600,000 USD
206-550-7177
7431-7435 Pacific Ave, Tacoma, WA for Sale
$10,600,000 USD
Apartments - FOR SALE
1/15
null | 6.09% Cap Rate

7431-7435 Pacific Ave
Tacoma, WA 98408
South End


HIGHLIGHTS

  • Newly built, stabilized, multifamily tax exemption, opportunity for revenue growith

OVERVIEW

Built in 2023, Bell Pointe Terrace offers investors the opportunity to own a stabilized, mixed use, 42 unit garden apartment complex in Tacoma, Washington. The contemporary styled three story buildings include a renewable 12 year Multi Family Tax Exemption and the opportunity to increase revenue

FOR SALE DETAILS

PRICE

$10,600,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

42

PRICE/UNIT

$252,381

CAP RATE

6.09%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bell Pointe Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

785000-0572

ASK ABOUT THIS PROPERTY

Jeff HulingBest Choice RealtyMore Info
206-550-7177

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Jeff HulingBest Choice RealtyMore Info
206-550-7177

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