166 112th Street Ct, Tacoma

$5,000,000


Listing Office: Kidder Mathews.

0 Beds
0 Baths
.97 Acres
0 Garages

Constructed in 1988, Sherwood Terrace consists of four two-story wood framed residential buildings spread across a roughly 1-acre parcel. This 24-unit complex holds spacious 2-bedroom, 1-bath and 2-bedroom, 1.5 bath layouts averaging ±932 SF. Meticulously maintained and self-managed, this unique offering is being offered to investors for the first time in 15+ years. Primed for renovation, this value-add opportunity offers significant rental upside as rents are currently below market, and majority of homes (83%) are ripe for renovation to capture additional rent premiums. Sherwood Terrace presents and ideal first-generation value-add opportunity through maximizing operations with professional management, and interior renovations.

Essential Information
MLS® #1730648
Price$5,000,000
Acres0.97
Year Built1988
TypeResidential Income
Sub-TypeMulti-Family
StatusPending
Community Information
Address166 112th Street Ct
Area63 - Parkland
SubdivisionParkland
CityTacoma
CountyPierce
StateWA
Zip Code98445
Interior
# of Stories2
Exterior
Exterior FeaturesCement Planked
FoundationBlock
School Information
DistrictTacoma
Additional Information
Days on Market52
Listing Details
Listing Office: Kidder Mathews
Property History
Status Changed from Active to Pending
LISTING MAP

Get directions to this property:

All listings featuring the icon Northwest Multiple Listing Service Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2021. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by RE/MAX Whatcom County and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on April 11th, 2021 at 11:19pm PDT.