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Faits saillants de l'investissement
- SIGNIFICANT CAPITAL IMPROVEMENTS: Extensive interior renovations and major electrical and plumbing upgrades throughout both properties.
- STORAGE INCOME UPSIDE: Opportunity to add twelve additional units and increase annual NOI by approximately $7,200.
- STRONG INVESTMENT RETURNS: Projected 6.73% stabilized cap rate and 8.01% cash-on-cash return with market rents.
- STABLE NORTH TACOMA SUBMARKET: Ideally located near Westgate, Proctor, Point Ruston, and the Ruston Way Waterfront.
Résumé de l'annonce
Marcus & Millichap is pleased to exclusively present Pearl Manor & Pearl Plaza Apartments, a 54-unit multifamily portfolio comprised of two contiguous apartment communities in Tacoma’s highly desirable West End neighborhood.
Constructed in 1967 and 1970, the portfolio features five single-story brick buildings with courtyard-style layouts, pitched composition roofs, mature landscaping, and ample parking. Ownership has completed extensive capital improvements, including renovated interiors, upgraded electrical systems, PEX plumbing (in most), and in-unit washers and dryers in the majority of units.
The portfolio consists of one 16-unit, 55 + senior-oriented community along with a 38-unit traditional market-rate apartment complex. Significant recent improvements, operational flexibility, and a premier North Tacoma location create a compelling investment opportunity.
Constructed in 1967 and 1970, the portfolio features five single-story brick buildings with courtyard-style layouts, pitched composition roofs, mature landscaping, and ample parking. Ownership has completed extensive capital improvements, including renovated interiors, upgraded electrical systems, PEX plumbing (in most), and in-unit washers and dryers in the majority of units.
The portfolio consists of one 16-unit, 55 + senior-oriented community along with a 38-unit traditional market-rate apartment complex. Significant recent improvements, operational flexibility, and a premier North Tacoma location create a compelling investment opportunity.
Salle de données Cliquez ici pour accéder à
- Title
- Rent Rolls
- Profit and Loss Statements
- Additional Storage Tuff Shed Bid
- 55 and Older Pearl Manor Documents
Taxes et dépenses d’exploitation (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) |
|---|---|
| Revenu de location brut |
$99,999
|
| Autres revenus |
$99,999
|
| Perte due à l’inoccupation |
$99,999
|
| Revenu brut effectif |
$99,999
|
| Taxes |
-
|
| Dépenses d’exploitation |
-
|
| Total des dépenses |
$99,999
|
| Revenu net d’exploitation |
$99,999
|
Taxes et dépenses d’exploitation (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | $99,999 |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
Faits sur la propriété
| Prix | 14 896 180 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 365,10 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 5,96% | Taille totale du bâtiment | 40 800 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 2,80 AC |
| Statut | Actif |
| Prix | 14 896 180 $ CAD |
| Prix/pi² | 365,10 $ CAD / pi² |
| Taux de capitalisation | 5,96% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 40 800 pi² |
| Superficie totale du terrain | 2,80 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Pearl Plaza Apartments
1409 N Pearl St, Tacoma, WA 98406 |
Immeuble residentiel | 28 400 pi² | 1970 | - |
|
Pearl Manor
1401 N Pearl St, Tacoma, WA 98406 |
Immeuble residentiel | 12 400 pi² | 1967 | - |
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Pearl Plaza and Pearl Manor
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