Lipoma Firs Townhomes (Status: Available)

18002, Lipoma Firs, Puyallup, WA  98374

Lipoma Firs Townhome Community for sale. This nearly new luxury multifamily project was completed in late 2017. Each of the townhomes include either 2 or 3 bedrooms, 2 1/2 baths and a spacious garage. All units have quality features including stainless steel appliances, quartz counters, air conditioning, forced air heating and ample parking. Ranging in size from 1,300 to 1,650 square feet of living area, the community maintains nearly a 100% occupancy consistently. Units leased below market! At turnover rents are increasing $200 per month/unit. Financial data provided includes the actual for 2019 with a cap rate at 4.11% and a proforma statement showing a 4.6% cap rate. Complete offering memorandum on property website.

Listing Details

Asset Class: Multi-Family
Year Built: 2017
Building Total Square Feet: 82950
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: MHR – Moderate High Density


Listing Courtesy of: Keller Williams Commercial

Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.


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