3403 N 26th StreetTacoma, WA98403
Listing courtesy of Gabe Blake of Blake Investment Advisors
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This unique opportunity allows a new investor to acquire an irreplaceable and charming 5-unit 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.
| 2 days ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen online |
Listing courtesy of Gabe Blake of Blake Investment Advisors
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-09-07 05:55 PM PDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.