Windermere Professional Partners
Closed
sold 3 years ago

List price: $4,100,000 $4,160,455
bath 0 sq ft

215 23rd Avenue SW #1-15, Unit 1-15
Puyallup, WA 98371

Sold by: Non Member ZDefault / ZNonMember-Office-MLS
Listed by: Donna Marshall / Dan Swanson / Sterling Johnston Real Estate

Schedule Tour

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.

Source: NWMLS / Sterling Johnston Real Estate

  • Year Built 2003
  • Lot Size 38,333 sq ft
  • Parking Spaces 37
  • Lot Details Corner Lot, Dead End Street, Paved, Sidewalk
  • View Territorial
  • Exterior Features Metal/Vinyl, Wood
  • Interior Features Ceramic Tile, Laminate Tile
  • Floor Covering Ceramic Tile, Engineered Hardwood, Laminate, Carpet
  • Annual Taxes $32,308 (2020)
  • MLS Number 1666266
Based on information submitted to the MLS GRID as of March 29, 2024 at 4:27 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DMCA Notice

More about Puyallup

Best known for its truly wonderful sense of community, many young families find a sense of comfort in choosing Puyallup as their home. Conveniently nestled among the nearby hubs of Tacoma, Joint Base Lewis-McChord and Seattle, Puyallup is a top choice for commuters who want the slower pace of the suburbs with the option of city life only a short drive away.

Downtown Puyallup’s historic neighborhoods rest in the Puyallup Valley alongside the newer developments of South Hill, and...

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