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9210 South Hosmer Street | Tacoma, WA 98444
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© 2024 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
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ACRE PROPERTY
4.77
Year BUilt
1986
Units
126
Berkadia Seattle Investment Sales is pleased to announce it has been retained as the exclusive listing broker for Notch 8 in Tacoma, WA.
Notch 8 offers a compelling investment opportunity in a vibrant market, providing immediate scale with its 126 units and significant value-add potential. Investors can capitalize on the light renovations already completed, increasing growth and executing a higher-level renovation scope to further enhance NOI. The property includes an attractive assumable $15,000,000 loan, featuring full-term interest only at 4.40%, maturing on March 1st, 2027.
The community is situated near the intersection of Interstate 5 and Highway 512, providing easy access to the area’s largest employers and conveniences. Notable nearby employers include The Port of Tacoma, Boeing’s Frederickson and Kent Plants, and Joint Base Lewis-McChord. Additionally, other major employers in the Greater Seattle metro area are accessible via the Sounder Train.
Address
City, State, Zip
County
Parcel Numbers
Units
Construction Year
Residential Buildings
Site Size/Acreage
Average Unit SF
Average MKT. Rent/Unit
Average MKT. Rent/SF
9210 South Hosmer Street Tacoma, WA 98444
Pierce
320314017
126
1986
7
4.77 Acres
765 SF
$1,629
$2.13
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Notch 8, built in 1986, offers one- and two-bedroom homes with recent modest updated finishes. The community consists of 126 homes with value-add upside providing scale in a prominent multifamily submarket within the seattle MSA. Notch 8 also offers a variety of amenities including a seasonal outdoor swimming pool, fitness center, covered courtyard, resident clubhouse, and playground.
Unit Mix
1 Bed
2 Bed
63 Units
63 Units
636 SF
893 SF
NOTCH 8
Kenny Dudunakis
Senior Managing Director
WA CRE #30749
206.521.7216 kenny.dudunakis@berkadia.com
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Peter Dudunakis
Associate Director
WA CRE #24008898
206.795.4169
peter.dudunakis@berkadia.com
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George Pallis
Director
WA CRE #138339
206.801.3070
george.pallis@berkadia.com
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David Sorensen
Managing Director
WA CRE #26603
206.801.3102 david.sorensen@berkadia.com
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Ben Johnson
Managing Director
WA CRE #114515
206.801.3144 ben.johnson@berkadia.com
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INVESTMENT SALES
411 108th Avenue NE
Suite 1080
Bellevue, WA 98004
425.230.2565
berkadia.com
berkadia.com/northwest
Bellevue Office
Michael Manolides
Associate Director
253.670.2143
michael.manolides@berkadia.com
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Robert Doxsee
Managing Director
425.777.0235
robert.doxsee@berkadia.com
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
Assumable Loan: 4.40% Full-Term Interest Only
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1234 Lorem Ipsum Avenue – Washington, DC 10001
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© 2022 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004