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Madrona Apartments

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Madrona Apartments

7603 Pacific Ave, Tacoma, WA 98408
Multi-Family For Sale Available Built 1989 1 floors Zoning: RCX
Asking Price
$3,449,000
Total Building14,063 SF
Available14,063 SF avail
Land35,284 SF land
Parking Total25
& Uncov.
MarketSouth Tacoma
CountyPierce

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
117549
Listing ID
707207
Type
Multi-Family
Asset Class
Multi-Family
Zoning
RCX

Description

Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor. The property consists of three buildings totaling 21 units, offering a mix of one- and two-bedroom units and a clear path for renovation completion and lease-up.The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with remaining units in various stages of renovation. A new roof has been installed on the south portion of the buildings. The third building, a three-story structure built in 1989, contains nine spacious two-bedroom units that support long-term tenant demand.The property offers on-site laundry and ample parking and is conveniently located near retail, transit, and daily services. Well suited for an investor focused on completing renovations, s

Listing Courtesy of:

RL
Roberto Laing
Engel & Volkers Seattle Downtown
1208 4th Ave. # 6B,
Seattle, WA 98101
State: WA City: Tacoma ZIP: 98408 Type: For Sale

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