2902 North Carr St

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2902 North Carr St

Tacoma, WA 98403
Asking Price
$3.80M
Cap Rate
7%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

2902 North Carr St, Tacoma, WA 98403 <ul><li>​Irreplaceable Old Town Tacoma Location Positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. Residents enjoy immediate walkability to boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience - with select units offering sweeping water views of Commencement Bay.</li><li>​Compelling Value-Add Upside With Clear Execution Path In-place rents of $24,431

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92

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