Log In/Sign Up
Your email has been sent.
Smith Apartments 713-715 S Yakima Ave 10 Unit Apartment Building $2,462,940 CAD ($246,294 CAD/Unit) Tacoma, WA 98405
Investment Highlights
- Fully remodeled turn-key opportunity
- Near the historic 27-acre Wright Park
- Large lot with potential to add units
- Excellent Downtown Tacoma location
Executive Summary
CBRE proudly presents the Smith Apartments, a 10-unit turn-key investment opportunity located in Tacoma’s thriving Hilltop neighborhood. The Smith Apartments were remodeled down to the studs in 2024 and feature all new plumbing and electrical systems, in-unit washers and dryers, and premium quality finishes. The property is close to shops, restaurants, and the historic Wright Park. The 6th Avenue light rail station is also a short walk away, providing easy access to downtown Tacoma and other parts of the city.
Property Facts
| Price | $2,462,940 CAD | Lot Size | 0.15 AC |
| Price Per Unit | $246,294 CAD | Building Size | 6,500 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1919/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.54/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | DR - Downtown Residential | ||
| Price | $2,462,940 CAD |
| Price Per Unit | $246,294 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1919/2019 |
| Parking Ratio | 1.54/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | DR - Downtown Residential |
Amenities
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $1,710 CAD | 259 - 467 |
1 1
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 200715-0050 | Improvements Assessment | $55,653 CAD |
| Land Assessment | $656,210 CAD | Total Assessment | $711,864 CAD |
Property Taxes
Parcel Number
200715-0050
Land Assessment
$656,210 CAD
Improvements Assessment
$55,653 CAD
Total Assessment
$711,864 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Smith Apartments | 713-715 S Yakima Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.