Provided by NWMLS, Bought with ZNonMember-Office-MLS and Listed by Westlake Associates, Inc.

Sold

8801 S Hosmer Street

Tacoma WA, 98444

$11,000,000


Sold

Commercial

Built in 1999

Located in the rapidly growing market of South Tacoma, the Hometowne Studios presents investors with the rare opportunity to own a 129-room extended stay asset or convert it to Multifamily and much needed long term housing for the area. This high-quality asset was constructed in 1999 and has undergone recent capital upgrades in 2019. Upgrades include new LVP flooring, appliances, in-room lighting, exterior signage, kitchen and bathroom upgrades, and Televisions. Each unit has its own kitchen which includes a 2-burner cooktop, microwave, full-size refrigerator, range hood, and cabinetry. All of the units are studios ranging from 210-290 square feet.

2128022

MLS ID

June 15, 2023

Listed

November 7, 2024

Updated

Map

8801 S Hosmer Street
Tacoma WA, 98444

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central A/C, Forced Air


Heating

Yes


Heating Description

Forced Air, Wall Unit(s)

Exterior/Building Features

Lot Size

1.88 Acres


Exterior Features

Wood


Roof

Composition


Sewer

Sewer Connected

Other Property Details

Area Name

53 - South Tacoma


Garage

No


Parking Total

0


View

No


County

Pierce


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/8/2024

Sold

$11,000,000

2/7/2024

Price change

$11,000,000

-19%

2/7/2024

Sold

$11,000,000

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/7/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/7/2024 at 9:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 11/7/2024 at 9:00 PM UTC 

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