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This Multifamily Property is no longer advertised on LoopNet.com.

3118 W Morrison Rd
Tacoma, WA 98466
 Multifamily Property For Sale · 4 Units

Apartment Buildings Washington Tacoma 3118 W Morrison Rd, Tacoma, WA 98466

INVESTMENT HIGHLIGHTS

  • Section 8 Approved (Guaranteed Rent Payments!)
  • Top Rated Schools and Ideal Location (Near Whole Foods!)
  • Fully Occupied for 8 Years (All Renters Current!)
  • 5.3% Cap Rate

PROPERTY FACTS

No. Units 4 Building Size 4,704 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Dormitory
 No. Stories 2
Apartment Style Low-Rise Year Built 1988
Building Class C Parking Ratio 1.7/1,000 SF
Lot Size 0.38 AC
Zoning MF
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.38 AC
Building Size 4,704 SF
Average Occupancy 100%
No. Stories 2
Year Built 1988
Parking Ratio 1.7/1,000 SF
Zoning MF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Dining Room
  • Double Pane Windows

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 4 $2,030 -

LINKS

PROPERTY TAXES

Parcel Number 022010-4037 Improvements Assessment $978,600
Land Assessment $335,200 Total Assessment $1,313,800

PROPERTY TAXES

Parcel Number
022010-4037
Land Assessment
$335,200
Improvements Assessment
$978,600
Total Assessment
$1,313,800
 

  • Listing ID: 23902310

  • Date on Market: 8/13/2021

  • Last Updated:

  • Address: 3118 W Morrison Rd, Tacoma, WA 98466

More public record information on 3118 W Morrison Rd, Tacoma, WA 98466

The University Place Multifamily Property at 3118 W Morrison Rd, Tacoma, WA 98466 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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