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Listed by Kelly Right RE of Seattle LLC
$ 3,200,000
Est. payment /mo
Active
3718 Pacific AVE Tacoma, WA 98418
0.37 Acres Lot
UPDATED:
11/15/2024 12:18 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Tacoma
MLS Listing ID 2272124
Style 42 - Multi-Family
Annual Tax Amount $6,839
Lot Size 0.368 Acres
Property Description
Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!
Location
State WA
County Pierce
Area 54 - South Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Mountain(s), Partial, Sound
Building
Sewer Available
Water On Property
Schools
Elementary Schools Lyon
Middle Schools Stewart
High Schools Lincoln High
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.