Townhome Apartment
3401-3318 S 43rd St & 4306-4310 S Warner St & 3415 S 45th St, Tacoma, WA 98409
For Sale
Contact for pricing
Four communities offer two- and three-bedroom residences, available together or individually.
Property SizeContact for details
Days on Market51
Property Features for 3401-3318 S 43rd St & 4306-4310 S Warner St & 3415 S 45th St
General Information
Standard status
Property subtype
Occupancy
Additional Details
Tenant in Place
Listing Agency:
Berkadia
Listed By:
Mitchell Belcher · License WA #125100
(425) 891-9594
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 12 at 4:28AM
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
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Investment Insights
Based on property information with market context.
This multifamily portfolio comprises four townhome communities with two- and three-bedroom residences. The properties were built between 2006 and 2014 and may be acquired as a group or separately. A portion of renovated units feature wood-style flooring, and improvements are ongoing at Proctor Street Townhomes.
The communities are in Tacoma, Washington, with addresses on S 43rd St, S Warner St, and S 45th St. Portfolio operations include established leasing and collections processes, and resident account remediation and unit-turn work have been substantially completed. Current vacancy is 5%, and in-place rents are approximately 10% below market. Several operating expenses relate to the existing management platform, including portfolio staffing, a leasing office and model unit, and property-management software; these costs are not expected to transfer to a new owner.
The communities are in Tacoma, Washington, with addresses on S 43rd St, S Warner St, and S 45th St. Portfolio operations include established leasing and collections processes, and resident account remediation and unit-turn work have been substantially completed. Current vacancy is 5%, and in-place rents are approximately 10% below market. Several operating expenses relate to the existing management platform, including portfolio staffing, a leasing office and model unit, and property-management software; these costs are not expected to transfer to a new owner.
Key Highlights
- Four townhome communities offered as a portfolio or individually
- Two- and three‑bedroom residences
- Built between 2006 and 2014
Property Analytics
Lease Details
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 98409, WA
27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Tacoma, WA
Properties on Market for Apartment buildings in Tacoma
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four communities offer two- and three-bedroom residences, available together or individually.
Where is this apartment building located?
The property is located at 3401-3318 S 43rd St & 4306-4310 S Warner St & 3415 S 45th St Tacoma, WA.
What is the asking price?
The asking price for this property is $31,600,000.
What are key features of this property?
This property features: Four townhome communities offered as a portfolio or individually; Two- and three‑bedroom residences; Built between 2006 and 2014
