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Vista Rainier Apartments 1208-1316 S 27th St 50 Unit Apartment Building $7,450,000 ($149,000/Unit) 5.45% Cap Rate Tacoma, WA 98409

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PROPERTY FACTS

Price $7,450,000
Price Per Unit $149,000
Sale Type Investment
Cap Rate 5.45%
No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 4.02 AC
Building Size 41,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 1.95/1,000 SF
Zoning R41-stgpd

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Security System

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 - 430
1+1 3 - 750
2+1 41 - 848
3+1.5 1 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
655000-0101
Land Assessment
$2,344,300
Improvements Assessment
$3,010,700
Total Assessment
$5,355,000
  • Listing ID: 36250401

  • Date on Market: 6/13/2025

  • Last Updated:

  • Address: 1208-1316 S 27th St, Tacoma, WA 98409

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