Built in 1957 and recently upgraded, the Meadow Park apartments are a 12-unit offering sitting on Lakewood Dr and adjacent to the Meadow Park Golf Course. Resting on an acre of centrally located real estate, Meadow Park is comprised on efficiently laid out 1-bedroom 1-bath units holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, new cabinets, new LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping. Offered to investors at an in-place cap of 6.5%, this cash flowing opportunity is well positioned to provide new ownership consistent returns.
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Listing Snapshot
Price
$1,800,000
Days On Site
72 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.9691 Acres
Year Built
1957
MLS® Number
2299274
Status
Pending
Property Tax
$12,412
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Status changed to Pending
2 months ago
Listing first seen on site
General Features
Acres
0.9691
Additional Property Use
Multi-Family
Buyer Agent Compensation
1.5
Number Of Stories
1
Parking Spaces
16
Property Sub Type
Multi Family
Sewer
Septic Tank
Interior Features
Heating
ElectricForced Air
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Exterior Features
Construction Details
Stone
Roof
Flat
Community Features
Financing Terms Available
Conventional
MLS Area
32 - University Place
School District
Fife
Schools
School District
Fife
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of David A. Kelley of Kidder Mathews
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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