1928 W UNION AVE Tacoma WA 98405-1054

Built in 1999, this two-story 12-unit single building complex is comprised of spacious 2-bed, 1-bath and 1-bed, 1-bath homes averaging 822 SF. Union Crossing is a value–add opportunity ripe for renovations. No major interior remodel work has been completed. Ownership has lightly turned over 5 of the 12 units with new plank flooring and new paint. In additional to light interior work, a new roof was installed in 2022. Investors will find value in renovating kitchens and bathrooms through renovation package (see page 8 of offering) along with long-term appreciation in this well-located asset. Union Crossing has very attractive assumable debt at 2.86% fixed through 2026, see loan note section, and is well positioned to offer new ownership immediate returns along with tremendous market growth potential.