Building Details

Year Built 2023

Stories 3

Construction garden-style

Listing Agency: Best Choice Realty

Listed By: Jeff Huling · License #WA Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:05AM

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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 Best Choice Realty

Investment Insights

Based on property information with market context.

Bell Pointe Terrace is a 42-unit garden apartment property completed in 2023 at 7431 Pacific Ave in Tacoma, Washington. The community consists of contemporary three-story buildings and is identified as a mixed-use apartment complex.

The property includes a 12-year Multi Family Tax Exemption, providing a defined tax incentive associated with the apartment community.

Key Highlights

• 42‑unit garden apartment complex
• Built in 2023
• Contemporary three‑story buildings

Property Analytics

Property Profile

Current Use

Pink Panther Barber ... Barber Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Electrical Service Accounting Firm

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

42

Residential units

Location Intelligence

Trade Area within ½ mile

527

Businesses Nearby

Explore this area Business Placement

Demographics for 98408, WA

20,566

Population

8,418

Households

2.4

Avg Household Size

38

Median Age

25%

College-Educated

90%

High-School Grad

3.4 sq mi

ZIP Area

6,049

Density / Sq Mi

$78,855

Median Household Income

$45,786

Median Earnings

$1,610

Median Rent

$379,400

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 - Three-story apartment buildings completed in 2023 include a 12-year multifamily tax exemption.

Where is this apartment building located?

The property is located at 7431 Pacific Ave Tacoma, WA.

What are key features of this property?

This property features: 42‑unit garden apartment complex; Built in 2023; Contemporary three‑story buildings