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Fife Village Apartments

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Fife Village Apartments

2102 2104 62nd Ave E, Fife, WA 98424
Multi-Family For Sale Available Cap Rate 1.36% Built 1984 2 floors Zoning: HDR
Asking Price
$2,100,000
Total Building13,728 SF
Land47,480 SF land
Parking Total30
& Uncov.
MarketPort of Tacoma/Fife
CountyPierce

Read Overview
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Overview

Property ID
305906
Listing ID
707033
Type
Multi-Family
Asset Class
Multi-Family
Zoning
HDR

Description

We are pleased to exclusively present for sale Fife Village Apartments, a 16-unit multifamily community located in Fife, Washington. Constructed in 1984, the property consists of two two-story, wood-frame buildings situated on slab-on-grade foundations with T-1 11 siding and pitched composition roofing. The asset benefits from copper plumbing and largely copper electrical wiring, with nearly all interior unit electrical panels having been updated over time.The property has been family-owned and operated for two generations, with ownership consistently maintaining the asset throughout its hold period. Recent capital improvements include the replacement of siding around the chimney stacks on both buildings. While select interior upgrades have been completed as units have turned, the majorit

Listing Courtesy of:

KM
Kellan Moll
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: WA City: Fife ZIP: 98424 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.