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!
DAYS ON MARKET
|
90
|
LAST UPDATED
|
8/1/2024
|
TRACT
|
Tacoma
|
YEAR BUILT
|
0
|
COMMUNITY
|
Tacoma
|
COUNTY
|
Pierce
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Lot/Land/Acreage
|
School District |
Tacoma |
Elementary School |
Lyon |
Jr. High School |
Stewart |
High School |
Lincoln High |
AREA |
54 - South Tacoma |
HEAT |
None |
LOT |
0.3676 acre(s) |
STYLE |
42 - Multi-Family |
SUBDIVISION |
Tacoma |
TAXES |
6839.21 |
UTILITIES |
Electricity Connected, Natural Gas Available |
VIEW |
Yes |
VIEW DESCRIPTION |
Mountain(s), Sound |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/30/24 8:08 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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