4120 109th Street
Tacoma, WA 98499
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Provided by Northwest Multiple Listing Service, 2025.
Description for 4120 109th Street, Tacoma, WA 98499
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
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