8327 29th St | University Place, WA 98466
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- LoopNet Team
8327 29th St
University Place, WA 98466
Pending Sale · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Well-maintained 4-plex located in desirable University Place. Solid turn-key investment property: low expenses, great cash flow, upside potential
- Building had extensive updates in 2010 including new vinyl windows and re-built decks. All new water heaters in 2014; exterior freshly painted (2015)
- **Please see Operating Summary attached to this listing**
- Each unit has 2bed/1bath, individual washer/dryer, fireplace, private patio/balcony, and new paint/flooring. 7 parking spots: 4 carports + 3 uncovered
- Fully-occupied with stable tenants. High-demand rental located within an award-winning school district (University Place)
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,796 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| Lot Size | 0.22 AC | Parking Ratio | 1.84/1,000 SF |
| Zoning | MU - Mixed Use Zone | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,796 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.84/1,000 SF |
| Zoning | MU - Mixed Use Zone |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Range
- Carpet
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,270 | - |
PROPERTY TAXES
| Parcel Number | 022009-4114 | Improvements Assessment | $673,600 |
| Land Assessment | $299,400 | Total Assessment | $973,000 |
PROPERTY TAXES
Parcel Number
022009-4114
Land Assessment
$299,400
Improvements Assessment
$673,600
Total Assessment
$973,000
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