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Lakebay, WA 98349,9002 154th Avenue Ct NW
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Lakebay, WA 98349,9002 154th Avenue Ct NW
Lakebay, WA 98349,9002 154th Avenue Ct NW
Lakebay, WA 98349,9002 154th Avenue Ct NW
Lakebay, WA 98349,9002 154th Avenue Ct NW
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Aaron Thomas

Aaron Thomas

+1(253) 740-7662
Listed by Commencement Bay Brokers LLC
$ 1,900,000
Est. payment /mo
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9002 154th Avenue Ct NW Lakebay, WA 98349

12 Beds

6 Baths

2.3 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Lakebay

MLS Listing ID 2371589

Style 56 - 10+ Units

Bedrooms 12

Year Built 1993

Annual Tax Amount $16,549

Lot Size 2.300 Acres

Property Sub-Type Multi Family

Property Description

Incredible opportunity to purchase the Kayla Rae! This well maintained two building, 13 unit apartment complex, is in fantastic condition. Units are clean with newer carpets, paint, and vinyl windows. Great tenants and always rented; all 13 apartments are currently occupied. Rent is currently less than market value and stable cap rate is approximately 5.4%. Apartments are all metered separately and there is a potential for more density. Coin operated laundry on-site. Pre-inspection conducted and report available upon request. Located in the heart of Key Center and close to shopping, retail, and restaurants. Wonderful addition to anyone's investment portfolio and/or real estate holdings!

Location

State WA

County Pierce

Area 9 - Key Peninsula North

Interior

Interior Features Laminate

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Deck, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Cul-De-Sac, Paved, Secluded, Sidewalk

Sewer Septic Tank

Water Community

New Construction No

Schools

Elementary Schools Vaughn Elem

Middle Schools Key Peninsula Mid

High Schools Peninsula High

School District Peninsula

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

Aaron Thomas

Team Leader | License ID: 4370

+1(253) 740-7662

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9002 154th Avenue Ct NW

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