$2,300,000
Sold

4120 109th Street SW

Tacoma, WA 98499
Listing OfficeUrban Commercial Partners, LLC
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.

  • Property Details
      • Days on Market (Cumulative)231

Location

Arron RenfrewReal Estate Group