1618 S G St, 1620 S G St, & 3595 S G St - Portfolio

Multi-Family

1618 S G St, TacomaWA 98405

Property Details

Location

Address
1618 S G St, TacomaWA 98405
County
Pierce
Submarket
CBA Allenmore Medical District
Parcels
2016140050, 2016140060
In Opportunity Zone
Yes

Building Size

Building Size
12,346 SF

Building Details

Type
 Multi-Family
Number of Buildings
3
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
3
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.15 Acres
Land (SF)
6,534 SF
Zoning
DR
Lot Depth
Lot Width

Contacts

Current Listings

18 units combined potential

$6,120,000
Cap Rate: 5.4%

New Construction 6 plex in the form of 3 duplexes in sought after Tacoma area. Walk 2 blocks to St Joseph Hospital, walk or bike to train. 12 year MFTE. 100% occupied with one year leases. Located minutes from I-5. Amazing floor plans, light and bright. Shaker Cabinets, ductless mini splits, stainless steel appliances, quartz countertops, and LVP throughout. *Financials are estimates from similar projects. *12 Additional units available nearby, can be sold together for a total of 18 units.

New Construction 6 plex in the form of 3 duplexes in sought after Tacoma area. Walk 2 blocks to St Joseph Hospital, walk or bike to train. 12 year MFTE. 100% occupied with one year leases. Located minutes from I-5. Amazing floor plans, light and bright. Shaker Cabinets, ductless mini splits, stainless steel appliances, quartz countertops, and LVP throughout. *Financials are estimates from similar projects. *12 Additional units available nearby, can be sold together for a total of 18 units.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Eric Johnson

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