1909 S Yakima Ave

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1909 S Yakima Ave

Tacoma, WA 98405
Asking Price
$750K
Asset Type
Residential Land
Class
Class B

What's Special

Land | 0.322 acres <ul><li>​Investor Alert! Exceptional opportunity with TAC mixed-use zoning offering endless potential for multifamily, commercial, or mixed-use development</li><li>​Downtown Residential allowing for 90ft building height</li><li>​Well suited for an apartment or condo complex development with under building parking</li><li>​Rare property includes two parcels, giving investors and developers the flexibility to develop one parcel or maximize the potential of both</li><li>​Ideally located near downto

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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