Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!
Listing Provided Courtesy of Ivanna Miakota, Kelly Right RE of Seattle LLC
General Information
NWM2360443
Land
94
DOM
0.37 acres
0
Multi-F
Pierce
Lyon
Stewart
Lincoln High
Land
Land
Listing Provided Courtesy of Ivanna Miakota, Kelly Right RE of Seattle LLC
Krishna Realty data last checked: Jul 19, 2025 01:12 | Listing last modified Apr 16, 2025 16:05,
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Residence Information
0
42 - Multi-Family
Features and Utilities
On Property
Available
Financial
4411.85
Cash Out, Conventional
04-16-2025
Comparable Information
94
94
Cash Out, Conventional
$2,850,000
$2,850,000
Apr 16, 2025 16:05
Schools
Elementary : LyonN/ARatings Middle : Stewart N/ARatings High : Lincoln HighN/ARatings
Map
Listing courtesy of Kelly Right RE of Seattle LLC.
Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!
