For more information on this listing, please contact...
Anne Curry
253-232-5399
Email
  • Listing #:
    • 1200310
  • Price:
    • $2,250,000
  • Status:
    • Pending
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 28
  • # of Acres:
    • 4.39
  • Lot Sq.Ft.:
    • 191,228
  • Year Built:
    • 1943
  • School Dist:
    • Lakewood
  • Address:
    • 4701 4739 124th St SW
  • Community:
    • Lakeview
  • City:
    • Lakewood
  • County:
    • Pierce
  • State:
    • WA
  • Zip:
    • 98499
  • Terms:
    • Cash Out, Conventional
  • Right of 1st Refusal:
    • No
QR Code

Description
Carlyle Court 28 Units, One Level Apartment Complex With Room For More Units. 4.4 Acres Site That Is Flat, Level And Ready To Build 61-100 Additional Units. Zoned Mf2. Rambler Style With 1,2, & 3 Bedrooms, Plus A Laundry Room W/washer & Dryer Hookups. Quiet Location Just Minutes From The Lakewood Transit Terminal And Jblm. This Area Is Booming With New Construction. New Roofs, And Quality Upgrades. Units Are 100% Occupied W/waiting List. Buyers To Verify All Information. Do Not Disturb Tenants.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $750.00
    • Square Feet Unit 1:
      • - 650.00
    • Bedrooms Unit 1:
      • - 1
    • Bathrooms Unit 1:
      • - 1.00
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Description Unit 1:
      • - 4701
  • Unit 2
    • Rent Unit 2:
      • - $895.00
    • Square Feet Unit 2:
      • - 961.00
    • Bedrooms Unit 2:
      • - 3
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Description Unit 2:
      • - 4702
  • Unit 3
    • Rent Unit 3:
      • - $695.00
    • Square Feet Unit 3:
      • - 650.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
    • Refrigerator Unit 3:
      • - Yes
    • Range/oven Unit 3:
      • - Yes
    • Description Unit 3:
      • - 4703
  • Unit 4
    • Rent Unit 4:
      • - $675.00
    • Square Feet Unit 4:
      • - 650.00
    • Bedrooms Unit 4:
      • - 1
    • Bathrooms Unit 4:
      • - 1.00
    • Refrigerator Unit 4:
      • - Yes
    • Range/oven Unit 4:
      • - Yes
    • Description Unit 4:
      • - 4704
  • Unit 5
    • Rent Unit 5:
      • - $695.00
    • Square Feet Unit 5:
      • - 650.00
    • Bedrooms Unit 5:
      • - 1
    • Bathrooms Unit 5:
      • - 1.00
    • Refrigerator Unit 5:
      • - Yes
    • Range/oven Unit 5:
      • - Yes
    • Description Unit 5:
      • - 4705
  • Unit 6
    • Rent Unit 6:
      • - $795.00
    • Square Feet Unit 6:
      • - 650.00
    • Bedrooms Unit 6:
      • - 1
    • Bathrooms Unit 6:
      • - 1.00
    • Refrigerator Unit 6:
      • - Yes
    • Range/oven Unit 6:
      • - Yes
    • Description Unit 6:
      • - 4706
  • Building Details
    • # Of Stories In Building:
      • - 1
    • Units Below Grade:
      • - No
    • Amenities:
      • - Storage
      • - Thermal Windows
    • Building Condition:
      • - Good
    • Floor Covering:
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Baseboard
  • Misc Details
    • Form 17:
      • - Exempt
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $26,703.00
    • Tax Year:
      • - 2017
  • Finance Details
    • Gross Rent Multiplier:
      • - 8
    • Vacancy Rate:
      • - 5
    • Cap Rate - Noi Div Lp:
      • - 7.00
  • Income
    • Gross Adjusted Income:
      • - $13,594.00
    • Gross Scheduled Income:
      • - $269,340.00
    • Net Operating Income:
      • - $163,145.00
    • Total Monthly Income:
      • - $22,445.00
  • Expenses
    • Electrical Expenses:
      • - $4,800.00
    • Insurance Expenses:
      • - $10,692.00
    • Water / Sewer / Garbage:
      • - $28,000.00
    • Other Expenses:
      • - $36,000.00
    • Total Expenses:
      • - $2,100.00
    • Total Expenses:
      • - $2,100.00
  • Schools
    • Elementary:
      • - English Crossing Ele
    • Jr. High:
      • - Lakewood Mid
    • Sr. High:
      • - Lakewood High
  • Construction Details
    • Exterior:
      • - Wood
      • - Wood Products
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Composition
  • Lot Details
    • Dimensions:
      • - 536x207
    • Features:
      • - Dead End Street
      • - Paved Street
    • Site Features:
      • - Outbuildings
      • - Shop
  • Parking
    • Total # Of Parking:
      • - 59
    • # Of Uncovered Spaces:
      • - 2
    • # Of Garage Spaces:
      • - 2
  • Utilities
    • Energy Source:
      • - Electric
    • Power Company:
      • - Lakeview
    • Sewer Company:
      • - Pierce
    • Water Source:
      • - Community
    • Water Company:
      • - Lakeview
  • Zoning
    • General Zoning Classification:
      • - Multi-family
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For more information on this listing, please contact...
Anne Curry
253-232-5399
Email

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