4120 109th ST SW, Tacoma, WA 98499 - MLS#2302122

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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Urban Commercial Partners, LLC

$ 2,500,000

Est. payment -/mo

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Active

4120 109th ST SW Tacoma, WA 98499

1 Bed

1 Bath

0.5 Acres Lot

UPDATED:

11/14/2024 02:46 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood

MLS Listing ID 2302122

Style 56 - 10+ Units

Bedrooms 1

Year Built 1979

Annual Tax Amount $17,014

Lot Size 0.500 Acres

Property 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.

Location

State WA

County Pierce

Area 36 - Lakewood

Interior

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Lakewood

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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