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4542 & 4546 S Junett St
Tacoma, WA 98409
Hallie Court Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- The property has 88.7 improvement to 11.3% land ratio allowing for greater percentage of depreciation.
- Situated in a high-demand rental submarket and fast lease up period near Tacoma, Joint Base Lewis-McChord, and I-5 access to Seattle.
- This property has a 12-year tax exemption that allow for greater cash-on-cash opportunity for investors.
- Walking distance to public transportation, major employers, and positioned with great street frontage along Junett St.
EXECUTIVE SUMMARY
Hallie Court Apartments is a newly constructed 24-unit multifamily community located on Junett Street in South Tacoma, Washington. Completed in 2024, the property features a low-rise building situated on a 0.39-acre site, offering a mix of modern one- and two-bedroom units ranging in size from approximately 681 to 845 square feet. The building is thoughtfully designed with upscale interior finishes, including granite countertops, stainless steel appliances, vinyl plank flooring, and in-unit washers and dryers. Each apartment also features open-concept layouts, ample natural light, and patios or balconies, enhancing the living experience for residents.
The development includes controlled access for added security and also pet-friendly, allowing both cats and dogs (with weight limits and pet fees), making it an appealing option for renters with small pets. Monthly rents are competitive for the South Tacoma market, with one-bedroom units starting around $1,495 and two-bedroom units ranging up to $1,795. Additional monthly charges apply for utilities, parking, and pet rent.
Strategically located near I-5, the property provides easy access to regional employment hubs, including downtown Tacoma and Joint Base Lewis-McChord. The neighborhood is walkable and bikeable, with nearby parks, schools, shopping centers, and restaurants including Tacoma Mall, Costco, The Cheesecake Factory, and Bluebeard Coffee. Public transit options are also readily available, enhancing the property’s appeal to commuters and car-free households.
Hallie Court’s modern finishes and boutique scale help it stand out in the South Tacoma submarket. These differentiators, along with responsive management and well-maintained grounds, position the property as an attractive choice for young professionals, small families, and downsizing renters.
In summary, Hallie Court Apartments offers a high-quality residential experience in an emerging area of Tacoma. With contemporary design, thoughtful amenities, and strong proximity to transportation and lifestyle conveniences, the property is well positioned to attract and retain tenants seeking comfort, convenience, and value in a professionally managed setting.
The development includes controlled access for added security and also pet-friendly, allowing both cats and dogs (with weight limits and pet fees), making it an appealing option for renters with small pets. Monthly rents are competitive for the South Tacoma market, with one-bedroom units starting around $1,495 and two-bedroom units ranging up to $1,795. Additional monthly charges apply for utilities, parking, and pet rent.
Strategically located near I-5, the property provides easy access to regional employment hubs, including downtown Tacoma and Joint Base Lewis-McChord. The neighborhood is walkable and bikeable, with nearby parks, schools, shopping centers, and restaurants including Tacoma Mall, Costco, The Cheesecake Factory, and Bluebeard Coffee. Public transit options are also readily available, enhancing the property’s appeal to commuters and car-free households.
Hallie Court’s modern finishes and boutique scale help it stand out in the South Tacoma submarket. These differentiators, along with responsive management and well-maintained grounds, position the property as an attractive choice for young professionals, small families, and downsizing renters.
In summary, Hallie Court Apartments offers a high-quality residential experience in an emerging area of Tacoma. With contemporary design, thoughtful amenities, and strong proximity to transportation and lifestyle conveniences, the property is well positioned to attract and retain tenants seeking comfort, convenience, and value in a professionally managed setting.
PROPERTY FACTS
| Price Per Unit | $360,026 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.39 AC |
| Cap Rate | 6% | Building Size | 21,425 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Low-Rise | ||
| Zoning | URX | ||
| Price Per Unit | $360,026 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 21,425 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | URX |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Maintenance on site
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 8 | - | 681 |
| 2+1 | 15 | - | 755 - 845 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,215,781 CAD | |
| Land Assessment | $821,918 CAD | Total Assessment | $4,037,699 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$821,918 CAD
Improvements Assessment
$3,215,781 CAD
Total Assessment
$4,037,699 CAD
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