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Sunset Court Apartments

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Sunset Court Apartments

2301 S 74th St, Tacoma, WA 98409
Multi-Family For Sale Available Cap Rate 5.41% Built 1972 2 floors Zoning: R4L-STGPD
Asking Price
$3,750,000
Total Building13,588 SF
Available13,588 SF avail
Land31,799 SF land
Parking Total2
& Uncov.
MarketSouth Tacoma
CountyPierce

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Overview

Property ID
112588
Listing ID
706368
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R4L-STGPD

Description

We are pleased to present Sunset Court Apartments, a well-maintained 21-unit multifamily investment located at 2301 S 74th St, Tacoma WA 98409. Positioned in a central Tacoma location with immediate access to I-5, Downtown Tacoma, and neighboring cities, the property is ideally situated to capture strong renter demand in one of Pierce County’s most active rental corridors.Built in 1972, Sunset Court features an attractive mix of spacious one- and two-bedroom apartments with functional layouts. Half of the units have already been upgraded with modern interior finishes and the addition of in-unit washer and dryer. The remaining classic units provide a clear and immediate path for renovation and rent growth under new ownership.With current rents below market for comparable units in Tacoma

Listing Courtesy of:

TF
Tanner Fogle
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Tacoma ZIP: 98409 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.