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3639 S G St, Tacoma, WA 98418 <ul><li>Tax abatement / enhanced yield: benefits from tacoma's multi-family tax exemption (mfte) program, reducing property tax burden for a defined period. Increased in-place cash flow relative to fully taxed comparable assets. Creates a meaningful spread between going-in yield and market cap rates. Provides tax-advantaged income with built-in downside protection.</li><li>Below replacement cost basis: acquisition at a basis below today's estimated replacement cost. Rising land, labor, and mat
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