8819 Pacific Ave | Tacoma, WA 98444
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- LoopNet Team
8819 Pacific Ave
Tacoma, WA 98444
Sunrise Terrace Apartments · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Value-add opportunity: ability to add value by updating unit interiors
- Low in-place rents: management upside
- Ample on-site parking, recreation area, and dog park
- New roof installed in 2020 and recently painted exterior
- Washer/dryer in each home and fireplaces in select homes
- Close proximity to major Pierce County employers
PROPERTY FACTS
| No. Units | 21 | Building Size | 14,610 SF |
| Property Type | Multifamily | Average Occupancy | 81% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2002 |
| Building Class | C | Parking Ratio | 2.6/1,000 SF |
| Lot Size | 0.86 AC | ||
| Zoning | R2 | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 14,610 SF |
| Average Occupancy | 81% |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Courtyard
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 610 |
| 2+1 | 9 | - | 810 |
PROPERTY TAXES
| Parcel Number | 032033-3239 | Improvements Assessment | $2,917,400 |
| Land Assessment | $740,200 | Total Assessment | $3,657,600 |
PROPERTY TAXES
Parcel Number
032033-3239
Land Assessment
$740,200
Improvements Assessment
$2,917,400
Total Assessment
$3,657,600
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