8821 Pacific Ave, Tacoma, WA 98444
- $1,550,000
Listing courtesy of Skyline Properties, Inc.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,550,000
- List Price
- $1,850,000
- Status
- SOLD
- MLS#
- 2314884
- Closing Date
- Apr 21, 2025
- Days on Market
- 105
- Annual Tax Ammount
- 10611
Property Description
Prime location on Pacific Avenue. Versatile property with additional development opportunities. Selling Real Property & Business together on Pacific Ave. 2 separate buildings, 1-story 2,352sqft and 2-stories 3,552sqft, extra land space for more. 21 Guest rooms and extra 2-Bdr/Living rm for manager. Some remodeling to total 17units, 4 bigger rooms will placed with the long-terms. Or you can keep as 21 rooms. Currently long-term livings in place about 50%. Renovated in 2018. Each room provide free Wi-Fi, new A/C & spring cooler. Absentee-run with 1 manager, 1 maintenance, 1 cleaner. Generated over $440K Gross in 2023.
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Additional Information
- Community
- Se Tacoma
- Style
- 64 - Hotel/Motel
- Year Built
- 1958
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- Take the I-5 exit 128 or 129, Take S 84th turn right onto Pacific Ave, The property is on the left.
- Energy Source
- Electric
- Gross Scheduled Income
- $443,000
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