4120 109th Street SW Tacoma, WA 98499
Listing Courtesy of: Northwest MLS / Urban Commercial Partners, LLC

  4120 109th Street SW Tacoma, WA 98499

Active (167 Days)

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.

MLS #:
2302122
Taxes
$17,014(2024)
Lot Size
0.5 acres
Type
Multifamily
Year Built
1979
Style
10+ Units
School District
Lakewood
County
Pierce County
Community
Lakewood

Listed By

Pat Suarez, Urban Commercial Partners, LLC
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 5:25 PM GMT+0000
Bathroom Details
Subdivision
  • Lakewood
Property Features
  • Fireplace: 0
Heating and Cooling
  • Forced Air
  • Baseboard
Exterior Features
  • Wood Products
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 12/22/24 09:25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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