$2,500,000
 $13,421 est/mo Sourced by Back At You

4120 109th Street , Tacoma, WA 98499

Tacoma, WA 98499

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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.

Details

MLS#2302122
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1979
Days On Site124
Listing Provided ByUrban Commercial Partners, LLC | Pat Suarez

Features

SQ Feet7,280
Story(s)2
Units1
Acreage0.50

Market Activity 98499

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Listings Checked: 1 minute ago
StateWA
CountyPierce
CityTacoma
Zip Code98499
Area36 Lakewood
Community NameLakewood
School DistrictLakewood
Listing VS Median (in Lakewood)
Price:
$2,500,000
low | high
Med:
$499,950
100% of Average
SqFt:
7,280
low | high
Med:
1,972
100% of Average
$ / SqFt:
$343
low | high
Med:
$254
76.173711967546% of Average
On Site:
124
low | high
Med:
519.000000
23.892100192678% of Average
Sourced by Back At You
Listing Updated: January 16, 2025 at 9:19:11 AM PST