Listing courtesy of John L. Scott, Inc 253-852-9200
$4,150,000
White Rock Apartments is a fully renovated 30-unit community in Tacoma, WA, offering modern studio units with high-quality finishes and strong tenant appeal. Renovations completed between 2022 and 2025 include upgraded interiors and exteriors, while community amenities feature laundry facilities, parking, and potential storage income. With an in-place 5.85% cap… Read More rate, attractive financing options, and upside through rent adjustments and operational improvements, the property provides investors a rare opportunity to achieve projected stabilized returns of 7.87% in a high-demand, affordable Puget Sound market. Located in Tacoma’s South End, an up-and-coming neighborhood where affordability meets everyday convenience. Read Less
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Lot Size
0.34 Acres
Year Built
1963
Property Tax
$38,845
MLS Number
2428904
Source: Home Junction
Additional Details
Building
Built in 1963, 2 stories, Construction Materials: Wood
Cooling
Central A/C
Expenses
Insurance: $32,036, Other Expense: $60,144
Exterior Features
Wood
Floors
Vinyl Plank
Heating
Forced Air
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $441,000, Net Operating Income: $324,402
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by John Anderson. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . 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. Listings last updated on .
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