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Listed by:All Real Estate Solution • Dan Dodge
$399,950
Est. payment /mo
2.62 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision American Lake
MLS Listing ID 2479359
Style 42 - Multi-Family
Annual Tax Amount $1,680
Lot Size 2.620 Acres
Lot Dimensions 47.85.42.649.150.734
Property Sub-Type Land
Property Description
2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.
Location
State WA
County Pierce
Area 41 - Lakewood/Tillicum
Interior
Fireplace false
Exterior
Utilities Available Electricity Available
View Y/N Yes
View Territorial
Building
Lot Description Curbs, Paved, Sidewalk
Sewer In Street
Water Available
Schools
Elementary Schools Tillicum Elem
Middle Schools Woodbrook Mid
High Schools Clover Park High
School District Clover Park
Others
Senior Community No
Acceptable Financing Cash, Conventional, Owner Will Carry, See Remarks
Listing Terms Cash, Conventional, Owner Will Carry, See Remarks
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Nearby Locations
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