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532 126th Street S

Tacoma, WA 98444
  • $1,600,000
  • STATUS: Pending
  • ON SITE: 80 days
  • ID#: 1746575
Under Contract
UPDATED: 5 min ago
$1,600,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2001
County:

School Ratings & Info

School District:
Listing Courtesy of Kidder Mathews.

Description

Kidder Mathews is pleased to present the Parkland Townhomes, a five-unit apartment community across five buildings and six parcels adjacent to Pacific Lutheran University. The Parkland Townhomes offers spacious stand alone townhome style units spread across roughly 15,000 SF of land. Built in 2001, Parkland Townhomes offers investors long-term cash flow, no historic vacancy and additional upside through implementation of a value-add strategy. This centrally located offering sits just four-minutes walking from PLU campus and 10 mints from Garfield station " offering residents excellent proximity to school, jobs, retail and entertainment.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T10:14:23.223.

www.recordrre.com/homes/115385196
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532 126th Street S Tacoma, WA 98444

  • Price: $1,600,000
  • Status: Pending
  • Updated: 5 min ago
  • ID#: 1746575
0
Beds
0
Baths
0
½ Baths
0.34
Acres
2001
Built
Neighborhood:
Tacoma
County:
Pierce
Area:
Parkland/Midland
School District:
Fife
Property Description
Kidder Mathews is pleased to present the Parkland Townhomes, a five-unit apartment community across five buildings and six parcels adjacent to Pacific Lutheran University. The Parkland Townhomes offers spacious stand alone townhome style units spread across roughly 15,000 SF of land. Built in 2001, Parkland Townhomes offers investors long-term cash flow, no historic vacancy and additional upside through implementation of a value-add strategy. This centrally located offering sits just four-minutes walking from PLU campus and 10 mints from Garfield station " offering residents excellent proximity to school, jobs, retail and entertainment.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 5 Exterior Features Cement Planked Open Parking Spaces 15 Open Parking YN Yes Parking Total 15 Parking Uncovered Spaces 15 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring See Remarks Foundation Details Slab Furnished Unfurnished Heating Cooling Type Forced Air

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 114400 Insurance Expense 1500 Irrigation Water Rights YN No Leased Items None Listing Terms Conventional Net Operating Income 78760 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 16500 Tax Year 2021 Total Expenses 29830 Units In Building Total 5 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 0 Zoning Class Multi-Family Zoning Jurisdiction County

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T10:14:23.223.

 
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Listing Courtesy of Kidder Mathews.