3403 N 26th Street, Tacoma, WA

3403 N 26th Street, Tacoma, WA, USA

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Diện tích đất

660 m²

Location

Washington, USA

Description

This unique opportunity allows a new investor to acquire an irreplaceable and charming asset in North Tacoma's desirable Proctor District, with the advantage of seller secondary financing at two percent interest-only payments for qualified buyers. Currently, the average rent at Proctor Manor is $757 per unit. With market comparables supporting an average rent of $1,372 per unit, a new investor can capture over 81% rental upside during the proposed three-year holding period. Tenants are not being billed back for water, sewer, and garbage. A new owner can capture additional income by implementing a ratio utility billing system (RUBS) for water, sewer, and garbage. Schedule a Private Showing