$5,800,000
12712 C Street S, Tacoma, WA, 98444-1935
Listing Courtesy of
COMPASS
12712 -12720 C Street S, Tacoma, WA 98444-1935
Heather Court is a well-maintained, value-add investment opportunity offering strong growth potential and reliable returns. This 32-unit property, built in 1971 and renovated in 2017, blends modern upgrades with classic charm, featuring spacious one- and two-bedroom apartments averaging 675 SF. Recent improvements, including a new roof, updated exterior, and interior enhancements like hardwood floors and refreshed cabinetry, attract high-quality tenants and support rental income growth. With light upgrades, rents can be increased by 6.5%, achieving a projected 6.1% cap rate. Ideally located in Parkland, near major employers like Joint Base Lew-McChord, Boeing, and UW Tacoma, Heather Court benefits from strong rental demand.
Source Northwest MLS
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PROPERTY DETAILS
- Mls Id2335254
- StatusActive
- AreaParkland
- FlooringVinyl Plank, Carpet
- CarportNo
- CityTacoma
- CountyPierce
- Exterior FeaturesMetal/Vinyl, Wood
- FireplaceNo
- High School DistrictFranklin Pierce
- Interior FeaturesWall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesPaved, Sidewalk
- Lot Acres0.4821
- Lot Square Feet21000
- New ConstructionNo
- Zip Code98444-1935
- Property TypeMulti-Family
- RoofComposition
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1971
- Checked For Updates2025-02-22 07:01:46 PST
Based on information submitted to the MLS GRID as of 2025-02-22 07:01:46 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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