7902 27th Street W

    University Place, WA 98466
    • $2,600,000
    • STATUS: Pending
    • ON SITE: 51 days
    • ID#: 1416946
    Under Contract
    UPDATED: 42 min ago
    $2,600,000
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,533
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    A Bavarian style mixed use complex with 10 apts and 9 commercial suites. Commercial suites are occupied by long tenured businesses making for a very stable tenant base. Cell phone tower onsite yielding an additional $1,847/mo in income. This stabilized asset is turn key providing great yield, but still offers an investor further upside in rental income.

    Monthly Payment Calculator



    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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T14:14:10.593.

    www.kimberlygartlandgroup.com/homes/92213520

    7902 27th Street W University Place, WA 98466

    • Price: $2,600,000
    • Status: Pending
    • Updated: 42 min ago
    • ID#: 1416946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    15,533
    SQFT
    $167
    $/SQFT
    1961
    Built
    Neighborhood:
    University Place
    County:
    Pierce
    Area:
    University Place
    School District:
    University Place
    Property Description
    A Bavarian style mixed use complex with 10 apts and 9 commercial suites. Commercial suites are occupied by long tenured businesses making for a very stable tenant base. Cell phone tower onsite yielding an additional $1,847/mo in income. This stabilized asset is turn key providing great yield, but still offers an investor further upside in rental income.
    Exterior Features

    Carport Spaces 0 Exterior BrickStuccoWood Garage Spaces 0 Lot Details AlleyCorner LotCurbsOpen Space Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 30 Uncovered Spaces 30 View MountainTerritorial

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven N Unit1 Refrigerator N Unit1 Sq Ft 800 Unit1 Washer Dryer N Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven N Unit2 Refrigerator N Unit2 Sq Ft 800 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven N Unit3 Refrigerator N Unit3 Sq Ft 800 Unit3 Washer Dryer N Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven N Unit4 Refrigerator N Unit4 Sq Ft 800 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 800 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 800 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 6.16 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyRetail Gross Adjusted Income 242820 Gross Rent Multiplier 10 Gross Scheduled Income 255600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5940 Leased Items None Net Operating Income 160265 New Construction YN No Other Expenses 40041 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 20401 Tax Year 2015 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 82555 Total Expenses TEX 82555 Total Monthly Income 21300 Unit1 Monthly Rent 785 Unit2 Monthly Rent 785 Unit3 Monthly Rent 900 Unit4 Monthly Rent 900 Unit5 Monthly Rent 702 Unit6 Monthly Rent 702 Vacancy Rate 5 Water Sewer Garbage 16173

    Listing information © 2019 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 Kimberly Gartland Group - Keller Williams Realty 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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T14:14:10.593.

     
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