Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1961
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 205512
Insurance Expense 18000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name University Place
Possible Use Multi-Family Retail
Special Listing Conditions None
Status Active
Directions From I-5 in either direction take Exit 129 for WA-512 W toward Lakewood/Puyallup and merge onto WA-512 W continuing for approximately 3 miles. Take the exit for Bridgeport Way W then turn right and
City University Place
Senior Community Y/N N
High School District University Place
Zoning Description Multi-Family Retail
Number Of Units Total 19
MLS Area 32 - University Place
Lot Size Units Square Feet
Lot Size Square Feet 27600
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 35148
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Prestige Center is a well-located 19-unit mixed-use building with 10 apartments and 9 ground-floor commercial suites totaling ~15 400 SF on a 27 600 SF lot. The building sits on a corner lot just off
Leasable Area 15400
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Tacoma
Units Below Grade false
Units In Building Total 19
Water Sewer Garbage 28296
Property Style 56 - 10+ Units
Cap Rate 6.23