12712 C St S | Tacoma, WA 98444
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- LoopNet Team
12712 C St S
Tacoma, WA 98444
Heather Court · Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- Built in 1971 and well-maintained, this property offers significant rental upside and opportunities to reduce operating costs
- Tacoma remains one of the most in-demand rental markets in the Seattle region, with 40% of housing units occupied by renters
- All units received new flooring and refinished bathtubs with fiberglass surrounds
- Features 32 units with a balanced mix of 1- and 2-bedroom layouts, providing strong potential for increased returns through renovations & rent growth
- In 2017, $555,000 in capital improvements were completed, including a new roof, exterior paint, and updated plumbing and electrical systems
- Building amenities include on-site laundry, surface parking, a leasing office and courtyard
PROPERTY FACTS
| No. Units | 32 | Building Size | 21,600 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2017 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.96 AC | ||
| Zoning | UCOR | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 21,600 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2017 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | UCOR |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $1,247 | 600 |
| 2+1.5 | 16 | $1,355 | 750 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,933,800 | |
| Land Assessment | $1,051,400 | Total Assessment | $3,985,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,051,400
Improvements Assessment
$2,933,800
Total Assessment
$3,985,200
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