12712 -12720 C Street S
Tacoma, WA 98444
Listing #2335254
Listing Firm:COMPASS Listings with the three tree icon are courtesy of NWMLS. 
- Baths
$5,800,000
- Status Active
- Year Built 1971
- Property Type multi-unit residential
About This Property
Heather Court is a well-maintained, value-add investment opportunity offering strong growth potential and reliable returns. This 32-unit property, built in 1971 and renovated in 2017, blends modern upgrades with classic charm, featuring spacious one- and two-bedroom apartments averaging 675 SF. Recent improvements, including a new roof, updated exterior, and interior enhancements like hardwood floors and refreshed cabinetry, attract high-quality tenants and support rental income growth. With light upgrades, rents can be increased by 6.5%, achieving a projected 6.1% cap rate. Ideally located in Parkland, near major employers like Joint Base Lew-McChord, Boeing, and UW Tacoma, Heather Court benefits from strong rental demand.
Property Details
Location Information
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Interior Features
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Exterior Features
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School
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Additional Information
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Listing Firm:COMPASS Listings with the three tree icon are courtesy of NWMLS.
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