FOURPLEX: 6% current cap rate; could easily get to 9% with market rents & utility pass-through. Well maintained; same owner for 20+ years. This is a solid, turn-key investment property, fully occupied & producing good cash-flow! 3/4 units have been remodeled with new kitchens/baths. Good roof & newer windows throughout. …

4-Plex: 7.4% current cap rate, 9% @ market rents. This is a solid, turn-key property with upside potential. Views of downtown Tacoma and Commencement Bay; newer roof, systems, and interiors. Units are 2bed/1bath with individual washer/dryers; very well-maintained with good tenants in place. Close to downtown, shopping, public transit, & …

4-Plex: 6.7% Current Cap Rate / 7% @ Market. Excellent Cash-flow. Townhome-style units consisting of (2) 3bed/1.5 bath & (2) 3bed/1.75 bath, all with vaulted ceilings, skylights, fireplaces, individual washer/dryers & private fenced yards. 4800 SqFt building sits on a .25-acre lot. Interiors have all been updated; newer (2 years) …

8 Individual condos offered for sale together by HOA (separate parcel #s). Market rents=$1250+ each/6% Cap Rate. All units are remodeled 864 SF, 2bed/1bath w/ washer/dryer, fireplace, private deck/patios overlooking a wooded greenbelt & individual covered parking. Located in the vibrant & desirable North Tacoma neighborhood w/ easy access to …

4-Plex: 8% current cap rate, 9.5% at market rents. Meticulously maintained by current owner for 20 years; fully-occupied with quality tenants; plenty of upside in rents. Fresh exterior paint, newer roof, water heaters, coin-op washer/dryer (brings add’l income), crawlspace barrier, windows & water line. All units 1bed/1bath; common laundry room …

Just Sold! (off market) | 9-Unit Multifamily in Burien, WA

Broker: Charles Burnett | Sales Price: $1,100,000 | Sale Date: 6.29.17

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*SOLD*

FOURPLEX: 9% Market Cap Rate with upside potential in rents. Well maintained; same owner for 24 years; very long-term tenants (20+ years of rental history). This is a solid, turn-key investment property already producing good cash-flow! Newer vinyl windows, roof, & siding. Units are all 2bed/1bath/830SF, …

*SOLD*

DUPLEX in University Place: 7.12% Current Cap Rate. Town home-style units, each with 3 beds, 2.5 baths, individual 2-car garages & complete appliances. Solid, turn key Investment with low expense & HIGH INCOME. Quality built in 2002; Immaculately maintained. Fully occupied: one tenant in lease through …

8-Unit University Place Multifamily: 6% Cap. Quality built in 2006; two 4-plex buildings with 1244 sq.ft. town home-style units, each with 2bed/1.5bath, washer/dryer, fireplace, individual garage, and back yard with covered back patio. Solid, turn key Investment with low expense & HIGH INCOME. Immaculately maintained and fully occupied. Property sits …