South Ninth Apartments
1004 S 9th St, Tacoma, WA 98405
Property Details
sq ft

Property Description

Calling All Investors - over 6 CAP opportunity on a upgraded, all brick building! South Ninth Apartments features a total of 13 units with a mix of ten 1 bed/1 bath units, two 2 bed/1 bath units, and a future 3 bed/1.5 bath unit. Units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, updated bathrooms & new interior & exterior paint. Tenants pay for W/S/G via RUBs. This is the perfect opportunity to acquire and start collecting rents at a great CAP Rate! Value add opportunity to increase rents and complete the 3 bedroom unit. Building is in an excellent location near hospitals, shopping centers, restaurants, stadiums, and the future rail. Seller looking to do a 1031 exchange.

Property Location

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