XXXXX – XXXXX Union Ave SW, Lakewood, WA 98498

Home/pending/XXXXX – XXXXX Union Ave SW, Lakewood, WA 98498
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Year Built 1976
Beds 16 1 bed units
Baths 16 1 bath units
Gross SF 8320
Above Ground SF 8320
Basement SF NA
Garage/Parking Uncovered parking
Lot SF 25,000
Zoning NC2
Land Use MLT FAM DWLG
Assessed Year 2019
Assessed Land $564400
Assessed Structure $292500
Assessed Total $856900
Tax Amount $8990
Occupied 100% occupancy
Purchase Info

Price: $1,312,000 ( 82k per door)


FMV: $1680000


Closing Details
Additional Notes

16 Units 1 bed/1 bath units in Lakewood. 1971 construction. 82k a door. Appraisals of units nearby at 100-110 a door.

Currently renting for a total of 10k monthly - this is far below market value - can reasonably assume to increase to 13k-14k monthly total.

100% occupancy.



2019-12-02T09:52:42-08:00