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    Address Not Available By Request

    Puyallup, WA 98446
    • $4,088,888
    • STATUS: Pending
    • ON SITE: 66 days
    • ID#: 1735919
    Under Contract
    UPDATED: 50 min ago
    $4,088,888
    • 0
      BEDS
    • 6.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Real Estate Central.

    Description

    Canyon Creek Apartment opportunity w/SEPA approval & Commercial Site Development county approval for a 136 Unit Apartment Project. Amazing location assemblage of 6.5 acres off Canyon Park, behind Albertsons. All approved Site Engineering, Architectural plans, and Land included in the List price. Summer 2021 build. 81 Units 1 Bed/1Bath and 55 Units 2 bed/2 Bath. Site approved for 5 buildings in the Woody Walkup style with 130 individual garages, 295 additional parking spaces. Market value of the built out project with certificate of occupancy is estimated at $36+ million+. Great return with a 5 cap, plus initial buildout profit. Adjacent to newer construction 5100 Summit apartments with stable rents! Must see opportunity, wont last long.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RSVP Real Estate, Inc. are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-08T18:14:18.983.

    www.urbanseattlebroker.com/homes/114646004
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    Address Not Available By Request Puyallup, WA 98446

    • Price: $4,088,888
    • Status: Pending
    • Updated: 50 min ago
    • ID#: 1735919
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.38
    Acres
    Neighborhood:
    Puyallup
    County:
    Pierce
    Area:
    Puyallup
    School District:
    Puyallup
    Property Description
    Canyon Creek Apartment opportunity w/SEPA approval & Commercial Site Development county approval for a 136 Unit Apartment Project. Amazing location assemblage of 6.5 acres off Canyon Park, behind Albertsons. All approved Site Engineering, Architectural plans, and Land included in the List price. Summer 2021 build. 81 Units 1 Bed/1Bath and 55 Units 2 bed/2 Bath. Site approved for 5 buildings in the Woody Walkup style with 130 individual garages, 295 additional parking spaces. Market value of the built out project with certificate of occupancy is estimated at $36+ million+. Great return with a 5 cap, plus initial buildout profit. Adjacent to newer construction 5100 Summit apartments with stable rents! Must see opportunity, wont last long.
    Exterior Features

    Carport YN No Garage YN No Lot Features Paved Road Information Paved Road On Which Side Front Road Surface Type Paved Structure Type Multi Family Style Code 42 - Multi-Family Topography Level View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Furnished Unfurnished

    Property Features

    Electric On Property YN No Improvements Fenced-Partially Irrigation Water Rights YN No Listing Terms Cash Out Possible Use Multi-Family Property Features Lightly Treed Property Sub Type Land Restrictions See Remarks Sewer Available Special Listing Conditions None Utilities Natural Gas AvailableElectricity Connected Water Jurisdiction Summit Water Source In Street Zoning Class Multi-Family Zoning Jurisdiction County

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by RSVP Real Estate, Inc. and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RSVP Real Estate, Inc. are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-08T18:14:18.983.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1735919-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1735919-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1735919-1.jpg
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    RSVP Real Estate, Inc.
    1700 Seventh Ave, Suite 2100
    Seattle WA, 98101
    Listing Courtesy of Windermere Real Estate Central.