955 Tacoma Avenue S, Tacoma, WA 98402
- $5,550,000
Listing courtesy of Keller Williams Downtown Sea. Selling Office: The Preview Group.
- Sold Price
- $5,550,000
- List Price
- $5,900,000
- Status
- SOLD
- MLS#
- 1347706
- Closing Date
- Dec 21, 2019
- Days on Market
- 418
- Annual Tax Ammount
- 44493
Property Description
This Cared for Brick 31,447 sq ft, Class A Office Building with 62 Stall Parking Garage, Located in Downtown Tacoma Municipal District. 99% Leased with Full Service Leases. The Roof was Recently Replaced in Early 2017, Recent Interior Updates, The Windows Re-Caulked, and the Building was Pressure Washed in 2018. Most of the Building is Locked Down with Key Card Access, All Viewings of Interior Offices upon Mutual Acceptance. Please Do Not Approach Tenants. Current Good Cap Rate @ 6%.
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Additional Information
- Community
- Tacoma
- Building Condition
- Very Good
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1968
- # of Assigned Spaces
- 62
- Roof
- Flat, See Remarks
- Tax Year
- 2019
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Ceramic Tile, Concrete, Wall to Wall Carpet
- Flooring
- Ceramic Tile, Concrete, Vinyl, Carpet
- Driving Directions
- Property is at the corner of Tacoma Ave South and South 11th Street
- Electric Expenses
- 21555
- Other Expenses
- 86000
- Net Operating Income
- $346,935
- Gross Adjusted Income
- $591,380
- Gross Scheduled Income
- $49,282
- Water/Sewer/Garbage Expenses
- $21,555
- Cap Rate
- 6
- Vacancy Rate
- 1
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