Bought with ZNonMember-Office-MLS
$4,160,455
$4,100,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
215 23rd AVE SW #1-15 Puyallup, WA 98371
0.88 Acres Lot
Key Details
Sold Price $4,160,455
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Puyallup
MLS Listing ID 1666266
Sold Date 12/30/20
Style 56 - 10+ Units
Year Built 2003
Annual Tax Amount $32,308
Lot Size 0.880 Acres
Property Sub-Type Multi-Family
Property Description
15-unit apartment,5.2% Cap Rate,3 buildings,one built in 1993 and 2 in 2003.Additional upside in rents and other income,spacious two and three-bedroom apartment homes averaging over 1,300, pickleball court and an abundance of parking totaling 37 total spaces including 18 garage spaces,washer & dryer in every unit,significant value-add opportunities remain by upgrading interior finishes, 5,300 new jobs estimated in 2020.The city's rental rates have grown more than 29% in the last five years.
Location
State WA
County Pierce
Area 79 - Puyallup
Interior
Interior Features Forced Air, Ceramic Tile, Laminate Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Engineered Hardwood, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Athletic Court, Cable TV, Deck, Patio, Sprinkler System
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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