4120 109th Street SW

Tacoma, WA 98499
Listing courtesy of Urban Commercial Partners, LLC
$2,500,000
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 inRead MoreRead Less
Listing Snapshot
Cumulative Days On Market
213
Days on Website
115
Last Updated
Property Type
Multi-Family
Lot Size
0.5 Acres
Year Built
1979
MLS Number
NWM2302122
30 Days Snapshot Of 98499
$722k
+1%
(avg) sold price
15
+7%
homes sold
76
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Leasable Area Units: Square Feet, Leasable Area: 7280, Living Area: 0, Number Of Units Total: 1, Stories Total: 2, Structure Type: "Multi Family", Year Built: 1979
Expenses
Other Expense: 32419
Exterior Features
Exterior Features: "Wood", "Wood Products"
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 147171
Lot
0 acres, 21800 square feet
Parking
Carport Spaces: 0, Covered Spaces: 0, Open Parking Spaces: 0, Parking Total: 14, Parking Uncovered Spaces: 0
Roof
Roof: "Composition"
Sewer
Sewer: "Sewer Connected"
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Production Type: "Electric"

Based on information submitted to the MLS GRID as of , .

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Bill Sauneuf
Bill Sauneuf
360-708-2929
Bill Sauneuf
Real Estate Agent
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Listings last updated on ,