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

Property Facts
| No. Units | 6 | Building Size | 6,188 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | B | Parking Ratio | 4.52/1,000 SF |
| Lot Size | 0.58 AC | ||
| Zoning | Multi Family | ||
| 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 |
Links
Property Taxes
| Parcel Number | 381000-0500 | Improvements Assessment | $1,291,700 |
| Land Assessment | $214,100 | Total Assessment | $1,505,800 |
Property Taxes
Listing ID: 17536461
Date on Market: 10/23/2019
Last Updated:
Address: 9707-9713 Patterson St S, Tacoma, WA 98444
The Midland Multifamily Property at 9707-9713 Patterson St S, Tacoma, WA 98444 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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