$3,399,000

21 Unit Value Add Multifamily Asset

  • 35,258 Sqft lot
  • Updated: June 19

About the Property

Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovatio
Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. A new roof has been installed on the south portion of the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.
  • Property type

    Apartment

  • Year built

    1989

Features

  • Laundry Room
  • Parking

Explore the Area

7603 Pacific Avenue, Tacoma, Washington, United States View on Google Maps
Price per sqft
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Robert Laing

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Robert Laing
United States
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Robert Laing Robert Laing background
2
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2024
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Engel & Völkers Seattle Downtown
Engel & Völkers Seattle Downtown
98101, Seattle, United States
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Last updated
June 19
First listed
Jan 17
Agent licence
#9362423599039
Listing reference
2468356
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