56-Unit Apartment
For Sale
Contact for pricing
18002 Lipoma Firs E, Puyallup, WA 98374
Newer townhome-style residences offer two- and three-bedroom layouts with 2.5 bathrooms in a low-density setting.
Property Size82,950 SF
Lot Size3.18 Acres
Days on Market22
Property Features for 18002 Lipoma Firs E
General Information
Standard status
Active
Size
82,950 SF
Total Parking Spaces
56
Lot size
3.18 Acres
Property subtype
Multifamily
Zoning
MHR
Occupancy
95%
Investment Type
Stabilized
Net Operating Income
$971,495
Additional Details
Average Monthly Rent
$2,460
Multifamily Units
56
Building Details
Year Built
2017
Buildings
9
Units
56
Tenancy
Multi
Listing Agency:
Berkadia
Listed By:
Chad Blenz · License #WA 125100
Source:
Crexi
Added: Aug 10
Changed: Aug 31
Last Checked: Aug 31 at 1:08AM
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.
This 56-unit apartment community consists of townhome-style residences built in 2017. The property contains 82,950 square feet across 3.18 acres, with two- and three-bedroom floor plans averaging 1,481 square feet. Each home includes 2.5 bathrooms, providing a consistent configuration across the community.
The property is located at 18002 Lipoma Firs E in Puyallup, Washington, within a predominantly single-family neighborhood. South Hill population growth reached 12% over the past five years and is projected at 14.5% through 2030. The community was 95.2% occupied during the most recent reporting period, and the property is zoned MHR.
The property is located at 18002 Lipoma Firs E in Puyallup, Washington, within a predominantly single-family neighborhood. South Hill population growth reached 12% over the past five years and is projected at 14.5% through 2030. The community was 95.2% occupied during the most recent reporting period, and the property is zoned MHR.
Key Highlights
- 56 apartment units built in 2017
- 82,950 square feet on a 3.18‑acre site
- Two- and three‑bedroom homes average 1,481 square feet
Property Analytics
Property Profile
Current Use
Lease Details
56
Residential units
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 98374, WA
45,367
Population
16,645
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$108,854
Median Household Income
$56,744
Median Earnings
$1,925
Median Rent
$491,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newer townhome-style residences offer two- and three-bedroom layouts with 2.5 bathrooms in a low-density setting.
Where is this apartment building located?
The property is located at 18002 Lipoma Firs E Puyallup, WA.
What are key features of this property?
This property features: 56 apartment units built in 2017; 82,950 square feet on a 3.18‑acre site; Two- and three‑bedroom homes average 1,481 square feet
