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9707-9713 Patterson St S
Tacoma, WA 98444
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.58 AC
Building Size 6,188 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 4.52/1,000 SF
Zoning Multi Family

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Deck
  • Dining Room
  • Handrails
  • Patio
  • Vinyl Flooring

About 9707-9713 PATTERSON ST S , TACOMA, WA 98444

Remodeled turnkey 6-Plex at 6.60% proforma cap rate with current rents. Gross Income is 8968$/month. Potential Gross Income is 9640$/month. All 4 units are remodeled duplex style 3 bed/1.5 bath units with W/D & 2 car garage.2 units are small single family homes upgraded with SS appliances/quartz and W/D. 3 Year old roofs on all. Potential to raise rents on remaining three 4-plex units to take the cap rate well over 7%.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 $1,525 1,327
1+1 2 $1,185 400 - 480

Property Taxes

Property Taxes

Parcel Number
381000-0500
Land Assessment
$214,100
Improvements Assessment
$1,291,700
Total Assessment
$1,505,800
  • Listing ID: 17536461

  • Date on Market: 10/23/2019

  • Last Updated:

  • Address: 9707-9713 Patterson St S, Tacoma, WA 98444

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