4400 111TH Street SWLakewood, WA98499
Listing courtesy of Brittney Bredl of The Real Estate Firm
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
7 Unit Apartment complex! Listed well below market value at just 171k per unit and a current 6% cap rate!! Interiors have been lightly updated along with each unit has their own heat and AC mini split unit. Mini split units are less than 5 years old. Garages are available for renters to rent but are not included in this sale. However, it is a huge marketing selling point for renters to have the option to have a garage. Beautiful landscaping with strategically lined trees and a fenced area for dogs to run. Rents are very low, with rent increases this building can be over a 7% cap rate very quickly. Fully occupied, Low maintenance, easy to maintain, GREAT INVESTMENT!
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
Listing courtesy of Brittney Bredl of The Real Estate Firm
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Last checked: 2025-03-13 11:53 PM PDT
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