Seller Financing
Listing Provided Courtesy Of:
RE/MAX Extra Inc. and NWMLS
Address
1004 138th Street S Tacoma, WA
Price
$ 2,600,000
Property Attributes
  • ID#1823489
  • TypeMulti-Family
  • CountyPIERCE
  • CityTacoma
  • AreaParkland
  • NeighborhoodBrookdale
  • Zip98444
  • Style10+ Units
  • Year Built1964
  • Taxes$ 16136
  • Price$ 2,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14000
  • Lot Size1.1 Acres
Listing Provided Courtesy Of:
RE/MAX Extra Inc. and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Brookdale Mobile Home Park with 17 units. This includes a commercial leased building on the corner and separate stick built house. Storage room with half bath along with 14 mobile homes and one RV space. Most units are 2 bedroom. Most tenants are very long term, some over 25 years. Most mobiles have been remodeled with new cabinets, granite counters, carpet, laminate, and vinyl windows - plus new appliances. Updated electrical & plumbing. Most have new roofs. All units have covered carport parking, shed, and small yard. Property maintained by landscaper. Park also has coin-op laundry room & locking mailboxes. Walk to nearby public bus transit. MHP has great cash flow. All tenants are current on rents. Great opportunity for an investment.

Elementary School Middle School High School
Brookdale Elem Perry G Keithley Mid Wash High
Price History
8/17/2021 Listed $2,600,000

General Features

Amenities Coin Op Laundry, Storage, Thermal Windows
Building Area Units Square Feet
Building Name Brookdale Mobile Home Park
Carport Spaces 16
Carport Y/N No
City Tacoma
County Pierce
Directions Heading south on Pacific Ave (Hwy 7)/take R on 138th St/MHP is on the Left corner of 10th and 138th.
Electric Expense 600
Elementary School Brookdale Elem
Energy Efficient Thermal Windows
Exterior Features Cement/Concrete, Metal/Vinyl, Wood
Flooring Ceramic Tile, Laminate, Vinyl, Vinyl Plank, Carpet
HOA Fee Frequency Annually
High School Wash High
High School District Franklin Pierce
Insurance Expense 3571
Interior Features Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate
Leasable Area 12820
Lot Size Square Feet 48000
MLS Area 69 - Parkland
Middle/Junior High School Perry G Keithley Mid
Net Operating Income 185190
New Construction No
Open Parking Spaces 50
Possession Closing
Possible Use Commercial, Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition, Metal, See Remarks
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 138th
Structure Type Multi Family
Subdivision Name Brookdale
Tax Annual Amount 16136
Tax Year 2021
Terms Cash Out, Conventional, Owner Financing
Total Units 18
Units Below Grade false
Units In Building Total 17
Utilities Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available
Water Company Parkland Light & Water
Water Sewer Garbage 23638
Year Built 1964
Zoning Class Commercial, Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 1

Exterior Features

Building Area Total 14000
Foundation Details Poured Concrete, Slab, Tie Down
Irrigation Water Rights Y/N No
Lot Features Corner Lot, Dead End Street, Paved
Lot Size Acres 1.1019
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Features RV Parking
Parking Uncovered Spaces 50
Site Features Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
Total Parking 66
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98444

Price
AVG $2.6M
$2.6M
Taxes
AVG $16,136
$16,136
Visits
AVG 86
85
Year Built
AVG 1964
1964
Walkscore
AVG 26
26
Data Provided by Walkscore ® not using MLS data

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