4120 109th ST SW new to site Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98499
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood
MLS Listing ID 2302122
Style 56 - 10+ Units
Bedrooms 1
Year Built 1979
Annual Tax Amount $17,014
Lot Size 0.500 Acres
Property Description
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Location
State WA
County Pierce
Area 36 - Lakewood
Exterior
Exterior Feature Wood,Wood Products
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Lakewood
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional