REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Urban Commercial Partners, LLC
$2,500,000
Est. payment /mo
1 Bed
1 Bath
0.5 Acres Lot
UPDATED:
11/14/2024 02:46 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood
MLS Listing ID 2302122
Style 56 - 10+ Units
Bedrooms 1
Year Built 1979
Annual Tax Amount $17,014
Lot Size 0.500 Acres
Property Description
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Location
State WA
County Pierce
Area 36 - Lakewood
Interior
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Lakewood
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less Info
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Get More Information
Quick Search
- Homes For Sale in Sumner, WA
- Homes For Sale in Bonney Lake, WA
- Homes For Sale in Lake Tapps, WA
- Homes For Sale in Bellevue, WA
- Homes For Sale in Tacoma, WA
- Homes For Sale in Puyallup, WA
- Homes For Sale in Gig Harbor, WA
- Homes For Sale in Lakewood, WA
- Homes For Sale in Spanaway, WA
- Homes For Sale in University Place, WA
- Homes For Sale in Graham, WA
- Homes For Sale in Fife, WA
- Homes For Sale in Eatonville, WA
- Homes For Sale in Steilacoom, WA
- Homes For Sale in South Hill, WA
- Homes For Sale in Buckley, WA
- Homes For Sale in Orting, WA
- Homes For Sale in Edgewood, WA
- Homes For Sale in Fircrest, WA
- Homes For Sale in Dupont, WA
- Homes For Sale in South Prairie, WA
- Homes For Sale in Roy, WA
- Homes For Sale in Renton, WA
- Homes For Sale in Kent, WA
- Homes For Sale in Federal Way, WA
- Homes For Sale in Kirkland, WA
- Homes For Sale in Issaquah, WA
- Homes For Sale in Enumclaw, WA
- Homes For Sale in Burien, WA
- Homes For Sale in Sammamish, WA
- Homes For Sale in Maple Valley, WA
- Homes For Sale in Des Moines, WA
- Homes For Sale in North Bend, WA
- Homes For Sale in SeaTac, WA
- Homes For Sale in Vashon, WA
- Homes For Sale in Black Diamond, WA
- Homes For Sale in Covington, WA
- Homes For Sale in Duvall, WA
- Homes For Sale in Algona, WA
- Homes For Sale in Olympia, WA
- Homes For Sale in Lacey, WA
- Homes For Sale in Tumwater, WA
- Homes For Sale in Yelm, WA
- Homes For Sale in Quincy, WA
- Homes For Sale in Everett, WA
- Homes For Sale in Snohomish, WA
- Homes For Sale in Port Orchard, WA
- Homes For Sale in Cle Elum, WA
- Homes For Sale in Kittitas, WA