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    7428 Bell St Tacoma, WA 98408

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    For Sale
    $10,600,000

    42-unit mixed-use apartment complex built in 2023 in Tacoma.

    Property size:
    32,761 SF

    Property Features for 7428 Bell St

    General Information

    Standard status
    Active
    Size
    32,761 SF

    Building Details

    Year built
    2023

    Source: BEST CHOICE REALTY Agent JEFF HULING

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Tacoma Mixed-Use Apartment Complex

    Bell Pointe Terrace Apartments, constructed in 2023, presents an opportunity to acquire a stabilized, mixed-use garden apartment complex comprising 42 units in Tacoma, Washington. The property size is 32761 square feet. The contemporary three-story buildings benefit from a renewable 12-year Multi-Family Tax Exemption, offering potential for increased revenue.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4329567
    Latitude
    47.1889344

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    FAQs

    What type of property is this?
    Apartment building - 42-unit mixed-use apartment complex built in 2023 in Tacoma.
    Where is this apartment building located?
    The property is located at 7428 Bell St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $10,600,000.
    What are key features of this property?
    This property features: - Stabilized, mixed-use 42-unit garden apartment complex.; - Built in 2023, offering modern construction and design.; - Includes a renewable 12-year Multi-Family Tax Exemption.
    Request Owner's contact information
    7428 Bell St Tacoma, WA 98408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7428 Bell St Tacoma, WA 98408
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