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Chandler Apartments

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Chandler Apartments

3332 S Chandler St, Tacoma, WA 98418
Multi-Family For Sale Available Cap Rate 5.65% Built 1979 2 floors Zoning: R3-STGPD
Asking Price
$1,429,669
Total Building4,608 SF
Available4,608 SF avail
Land8,276 SF land
Parking Total8
& Uncov.
ConstructionWood
MarketAllenmore Medical District
CountyPierce

Read Overview
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Overview

Property ID
122641
Listing ID
704535
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R3-STGPD

Description

The Chandler Street Apartments presents a stabilized 8-unit multifamily investment offering a current 6.0% cap rate with upside to 6.8%. The property consists of eight 1-bed x 1-bath units and is 100% occupied with historically low turnover, providing immediate and reliable cash flow. Recent interior upgrades include new LVP flooring, updated kitchen countertops, and refreshed bathroom cabinetry. Exterior capital improvements feature new paint, a repaved and striped parking lot, and a secure gated entry. Tenant amenities include on-site laundry, storage, and off-street parking. Centrally located with convenient access to I-5, SR-16, transit, shopping, and dining.

Listing Courtesy of:

WP
Wendy Pedersen
Every Door Real Estate
5506 6th Ave S. Ste 204,
Seattle, WA 98108
State: WA City: Tacoma ZIP: 98418 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.