1420 112th St S
Tacoma WA 98444
Ash Creek Apartments
1420 112th St S Tacoma WA 98444
Listing #: 666984 | Status: Pending | Last Modified: 5/14/2024 |
For Sale
- Phone:(206) 826-5674
- Email:ryan.dinius@marcusmillichap.com
- Office Name:Marcus & Millichap, Inc.
- Office Phone:(206) 826-5700
- Office Website:www.marcusmillichap.com
- Agent Phone:(206) 826-5672
- Agent Email:swarsinske@marcusmillichap.com
- Agent Phone:(206) 826-5629
- Agent Email:tanner.fogle@marcusmillichap.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,250,000.0
- $/SF$ 275.2
- $/Unit$ 2,250,000.0
- Listing StatusPending
- Days on Market361
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.20 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units16
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF8177
- Net Rentable Area8177
- Total Office SF
- Largest Contiguous SF
- Lot SF99317
- Acres2.28
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaParkland/Midland
- Tax ID #6180000770
- Additional Parcels6180000780, 9265004470, 9265004480
- ZoningSF
- # Covered Spaces0
- # Uncovered Spaces20
- Total Parking Spots20
- Parking Ratio
- Year Built1954
- Year Renovated2018
- Completion Date
- Roof Type
- Construction TypeMasonry
Ash Creek
The Ash Creek Apartments, a vibrant and thriving apartment community nestled in the heart of Parkland, has a rich history dating back to 1954. Recently, 9 of the units have been updated to offer modern conveniences and enhance the overall living experience. With the submarket experiencing a steady increase in demand, it’s clear that the Ash Creek Apartments’ central location plays a key role in its popularity. The community is conveniently situated in close proximity to Downtown Tacoma, Government Employment, and Pacific Lutheran University. Featuring sixteen charming one-bedroom/one-bathroom units, each spanning approximately ± 580 square feet, and a spacious two-bedroom/one-bathroom unit measuring ± 720 square feet, the Ash Creek Apartments offer a comfortable and inviting living space