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9220 Pacific Ave
Tacoma, WA 98444
Colonial Village Apartments · Multifamily Property For Sale
·
41 Units
Investment Highlights
- Value Add Deal With 27% Increase In GPI With Interior Unit Renovations
- Pro Forma 7% Cap Rate
- Recent Substantial System & Exterior Improvements Performed to Property
Property Facts
| No. Units | 41 | Lot Size | 2.08 AC |
| Property Type | Multifamily | Building Size | 29,580 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1974/2022 |
| Zoning | R4, Tacoma - Residential | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.08 AC |
| Building Size | 29,580 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2022 |
| Zoning | R4, Tacoma - Residential |
Amenities
Unit Amenities
- Cable Ready
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $1,250 | 680 |
| 2+1 | 17 | $1,300 | 780 |
Property Taxes
| Parcel Number | 032033-3016 | Improvements Assessment | $3,377,400 |
| Land Assessment | $1,623,800 | Total Assessment | $5,001,200 |
Property Taxes
Parcel Number
032033-3016
Land Assessment
$1,623,800
Improvements Assessment
$3,377,400
Total Assessment
$5,001,200
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