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Renovated Two-Bedroom Apartment Community
For Sale
Contact for pricing
Pending

300 Dennis St SW, Tumwater, WA 98501

Country Court offers 24 two-bedroom units with garages, with 83% renovated and in-unit washer/dryer hookups.

Property SizeContact for details
Days on Market123

Property Features for 300 Dennis St SW

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 24

Amenities

decks or balconies
patios
washer/dryer hookup in garage
Listing Agency: Berkadia
Listed By: Chad Blenz · License #WA 125100
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 7:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

Country Court is a 24-unit two-bedroom apartment community with attached garages. The property is described as 83% renovated with no deferred maintenance noted in the remarks. Units include decks or balconies, and 18 units also have patios. Each unit provides a washer/dryer hookup in the garage next to the water heater.

The community is located near an elementary school and a police station in Tumwater, WA, at 300 Dennis St SW.

The property has been owned and self-managed since 1981. The current rents are noted as averaging 15% below market rates. The remarks also describe potential for converting the manager’s office into an additional studio rental unit and implementing RUBs to support revenue improvements.

Key Highlights

  • 24 two‑bedroom units with garages in Tumwater, WA, offered for the first time on the market
  • 83% renovated with no deferred maintenance reported
  • Average current rents are 15% below market rates, providing room to increase income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Electrical Service Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby

Demographics for 98501, WA

45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Country Court offers 24 two-bedroom units with garages, with 83% renovated and in-unit washer/dryer hookups.
Where is this apartment building located?
The property is located at 300 Dennis St SW Tumwater, WA.
What are key features of this property?
This property features: 24 two‑bedroom units with garages in Tumwater, WA, offered for the first time on the market; 83% renovated with no deferred maintenance reported; Average current rents are 15% below market rates, providing room to increase income
More about this property
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