We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.
Listing Provided Courtesy of Brendan Greenheck, Northmarq Multifamily, LLC
General Information
NWM2405284
Multi Family
3
DOM
0.37 acres
0
2007
Pierce
Reed
Giaudrone Mid S
Foss
Residential Incom
Multi Family
Listing Provided Courtesy of Brendan Greenheck, Northmarq Multifamily, LLC
Krishna Realty data last checked: Jul 12, 2025 08:17 | Listing last modified Jul 09, 2025 21:43,
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Residence Information
0
Composition
56 - 10+ Units
2007
Features and Utilities
Wood Products
Sewer Connected
0
Financial
33527
Cash Out, Conventional
07-09-2025
Comparable Information
3
3
Cash Out, Conventional
$3,095,000
$3,095,000
Jul 09, 2025 21:43
Schools
Elementary : ReedN/ARatings Middle : Giaudrone Mid S N/ARatings High : FossN/ARatings
We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.
