2301 S 74th Street Unit #21, Tacoma, WA 98409

$1,950,000
14,340
SqFt

Listing courtesy of Park 52, Inc.. Selling Office: Real Estate Solution.

Sold Price
$1,950,000
List Price
$2,010,000
Status
SOLD
MLS#
1123137
Closing Date
Nov 02, 2017
Days on Market
37
Style
56 - 10+ Units
Building Condition
Very Good
Finished SqFt
14,340
Area Total SqFt
14340
Annual Tax Ammount
18532
Lot Size (sq ft)
32,000
Sewer
Sewer Connected

Property Description

Looking for a midsize money maker? Sunset Ct Apartments has 21 units, is centrally located midway between Tacoma and JBLM off I5 and S 74th St. Tap into a wide range of perspective tenants! Plenty off parking , extra storage, fenced yards and laundry + owner storage onsite. Well maintained vinyl siding and windows and newer roof. All tenants have been professional screened with complete lease packets. Complex has a nice mix of 1 and 2 bed units w/ various sf.

Additional Information

List Date
2017-09-26 00:00:00
Community
South Tacoma
Net Operating Income
$109,048
Gross Adjusted Income
$189,000
Gross Scheduled Income
$193,300
Total Monthly Income
$16,107
Insurance Expenses
$4,000
Water/Sewer/Garbage Expenses
$20,900
Gross Rent Multiplier
10
Total Expenses
$79,952
Cap Rate
5.4
Vacancy Rate
2
Total Number of Units
21
Unit Name
2301
Potential Terms
Cash Out, Conventional
Year Built
1972
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Outbuildings, Patio
Electric Expenses
1770
Other Expenses
34750
School District
Tacoma
Total Monthly Income
$16,107
Gross Scheduled Income
$193,300
Vacancy Rate
2
Gross Adjusted Income
$189,000
Tax Year
2017
Insurance Expense
$4,000
W/S/G Expenses
$20,900
Total Expenses
$79,952
Net Operating Income
$109,048
Gross Rent Multiplier
10
Cap Rate
5.4
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks