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Lisa Corelli

Lisa Corelli
Your Choice Real Estate NW

253-677-4844

Contact Me

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Listing 4 out of 1,784
$4,190,000 For Sale

20702 64th Av Ct E
Spanaway, WA 98367

14 units | Multi Family Home
1.54 acres - MLS# 1317416 Courtesy of Kidder Mathews
Property Photo
1/8

Description

Hudson Heights is a 14- unit Multifamily Offering in the heart of Fredrickson. Constructed in 2017/2018, Hudson Heights consists of 7 separate 2-unit buildings taking up its very own private cul-de-sac. Along with large townhomes, this quiet community holds double car garages and a park. Each unit is laid out as a 3-bedroom 2.5-bathroom at over 1,400 SF. All units come with brand-new A/C systems, white painted interior woodwork, and energy efficient appliances.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • New Construction: Y
  • Listing Status: Active
  • County/Area: Pierce County
  • Zip Code: 98367
  • Year Built: 2017
  • School District: Starbuck
  • Units: 14 units
  • Garage: 4+-Car
  • # of Parking Spaces: 28, 56
  • Lot Size: 1.54 acres
  • Area: Spanaway
  • Area Number: 99
  • Bathrooms Unit 1: 2.50
  • Bathrooms Unit 2: 2.50
  • Bathrooms Unit 3: 2.50
  • Bathrooms Unit 4: 2.50
  • Bathrooms Unit 5: 2.50
  • Bathrooms Unit 6: 2.50
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 3
  • Bedrooms Unit 4: 3
  • Bedrooms Unit 5: 3
  • Bedrooms Unit 6: 3
  • Cap Rate - NOI div LP: 5.22
  • Energy Source(heat): Electric
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $295780
  • Gross Rent Multiplier: $14
  • Gross Scheduled Income: $308400
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $3500
  • Net Operating Income: $218736
  • New Construction Details: Completed
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 28
  • Other Expenses: $40072
  • Rent Unit 1: $1750
  • Rent Unit 2: $1850
  • Rent Unit 3: $1850
  • Rent Unit 4: $1850
  • Rent Unit 5: $1850
  • Rent Unit 6: $1850
  • Roof: Composition
  • Square Feet Unit 1: 1498
  • Square Feet Unit 2: 1498
  • Square Feet Unit 3: 1498
  • Square Feet Unit 4: 1498
  • Square Feet Unit 5: 1498
  • Square Feet Unit 6: 1498
  • Street Number Modifier: 20730
  • Total Expenses: $74130, $74130
  • Total Garage Capacity: 28
  • Total Monthly Income: $25800
  • Vacancy Rate: 5
Courtesy of Kidder Mathews
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Your Choice Real Estate NW are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-15

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Lisa Corelli | 253-677-4844 | Contact Me
Puyallup, WA 98375
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