Legacy Ridge Apartments (Status: Available) 9500000

905, 72nd St, Tacoma, WA  98404

Legacy Ridge is a three-story, 40-unit apartment community originally constructed in 2015 with most of the unit interiors renovated from 2021 to present. The property offers an attractive unit mix of (16) One Bedroom/One Bath units and (24) Two Bedroom/Two Bath units measuring approximately 580 square feet and 951 square feet respectively. To date, approximately 40% of the One Bed units and 75% of the Two Bed units have received interior renovations under the current ownership, at an average cost of $8K – $10K per unit.Legacy Ridge offers prospective investors an enticing opportunity to acquire a high-yielding, new construction asset that has recently undergone significant capital improvements to capture top-quality tenants and rent levels. Legacy Ridge is uniquely positioned between the

Listing Details

Asset Class: Multi-Family
Year Built: 2015
Building Total Square Feet: 32104
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: C2

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.