UNDER CONTRACT - 1743 Lafayette St. Tacoma, WA 98444
Turnkey Co-Living Investment Opportunity – Fully Furnished and Cash-Flowing!
Address:
1743 Lafayette St, Spanaway, WA 98444
Purchase Price:
$451,274
Financing Terms:
Entry Fee: $45,000 + closing costs
Interest Rate: 7.5% (fixed)
Loan Terms: Straight Subject To with no balloon payment
Monthly PITI: $3,248
Earnest Money Deposit (EMD): $5,000 (non-refundable after 3 business days)
Closing Timeline: 30 days with a 3-business-day inspection period
Property Overview:
This cute and fully operational 5-bedroom home is already set up and running as a turnkey co-living business. With all furnishings and tenants included, this is an ideal investment for someone looking to dive right into co-living or a family seeking a fully furnished, move-in-ready home.
Key Features:
Turnkey Operation: The property is currently operating as a successful co-living business.
Fully Furnished: All furnishings come with the home, making this a hassle-free investment.
5 Bedrooms: Spacious layout perfect for co-living or a large family.
Tenant-Occupied: Income-generating with tenants already in place.
Self-Management: Currently self-managed by the owner. Buyers can choose to self-manage or hire a property manager.
Investment Potential:
Target Audience:
Investors: Perfect for someone wanting to expand or start a co-living portfolio.
Homestead Buyers: A move-in-ready, fully furnished home for families.
Income-Generating: With tenants already in place, this property offers immediate rental income.
Low Entry Fee: At $45,000 + closing costs, this is an affordable investment opportunity for a turn-key operation.
Why Spanaway?
Spanaway is a growing area, offering the perfect mix of suburban living and proximity to larger cities. With a steady rental demand and close access to schools, employers, and transit options, this location makes it ideal for co-living arrangements and family homes alike.
Important Notes:
Due Diligence: Buyer is responsible for performing their own due diligence on all aspects of the property, including the business operation, rental income, and property condition.
Documents Available: Link to T12, rent rolls, and mortgage statement provided upon request.
Self-Management: Buyers will need to self-manage the property or hire a manager for ongoing operations.
Act Now!
Don’t miss this rare chance to acquire a turnkey co-living business with stable tenants and minimal setup. Whether you're a seasoned investor or looking for a spacious, move-in-ready family home, this property offers incredible value.
Contact us today to schedule a viewing or to receive the detailed financials and rent rolls!
Get deals like this delivered to your inbox:
👉 Join the List
Disclaimer:
Buyer to perform their own due diligence. All property information is deemed reliable but not guaranteed. Verify all details, including financials and terms, before proceeding.
Turnkey Co-Living Investment Opportunity – Fully Furnished and Cash-Flowing!
Address:
1743 Lafayette St, Spanaway, WA 98444
Purchase Price:
$451,274
Financing Terms:
Entry Fee: $45,000 + closing costs
Interest Rate: 7.5% (fixed)
Loan Terms: Straight Subject To with no balloon payment
Monthly PITI: $3,248
Earnest Money Deposit (EMD): $5,000 (non-refundable after 3 business days)
Closing Timeline: 30 days with a 3-business-day inspection period
Property Overview:
This cute and fully operational 5-bedroom home is already set up and running as a turnkey co-living business. With all furnishings and tenants included, this is an ideal investment for someone looking to dive right into co-living or a family seeking a fully furnished, move-in-ready home.
Key Features:
Turnkey Operation: The property is currently operating as a successful co-living business.
Fully Furnished: All furnishings come with the home, making this a hassle-free investment.
5 Bedrooms: Spacious layout perfect for co-living or a large family.
Tenant-Occupied: Income-generating with tenants already in place.
Self-Management: Currently self-managed by the owner. Buyers can choose to self-manage or hire a property manager.
Investment Potential:
Target Audience:
Investors: Perfect for someone wanting to expand or start a co-living portfolio.
Homestead Buyers: A move-in-ready, fully furnished home for families.
Income-Generating: With tenants already in place, this property offers immediate rental income.
Low Entry Fee: At $45,000 + closing costs, this is an affordable investment opportunity for a turn-key operation.
Why Spanaway?
Spanaway is a growing area, offering the perfect mix of suburban living and proximity to larger cities. With a steady rental demand and close access to schools, employers, and transit options, this location makes it ideal for co-living arrangements and family homes alike.
Important Notes:
Due Diligence: Buyer is responsible for performing their own due diligence on all aspects of the property, including the business operation, rental income, and property condition.
Documents Available: Link to T12, rent rolls, and mortgage statement provided upon request.
Self-Management: Buyers will need to self-manage the property or hire a manager for ongoing operations.
Act Now!
Don’t miss this rare chance to acquire a turnkey co-living business with stable tenants and minimal setup. Whether you're a seasoned investor or looking for a spacious, move-in-ready family home, this property offers incredible value.
Contact us today to schedule a viewing or to receive the detailed financials and rent rolls!
Get deals like this delivered to your inbox:
👉 Join the List
Disclaimer:
Buyer to perform their own due diligence. All property information is deemed reliable but not guaranteed. Verify all details, including financials and terms, before proceeding.
Turnkey Co-Living Investment Opportunity – Fully Furnished and Cash-Flowing!
Address:
1743 Lafayette St, Spanaway, WA 98444
Purchase Price:
$451,274
Financing Terms:
Entry Fee: $45,000 + closing costs
Interest Rate: 7.5% (fixed)
Loan Terms: Straight Subject To with no balloon payment
Monthly PITI: $3,248
Earnest Money Deposit (EMD): $5,000 (non-refundable after 3 business days)
Closing Timeline: 30 days with a 3-business-day inspection period
Property Overview:
This cute and fully operational 5-bedroom home is already set up and running as a turnkey co-living business. With all furnishings and tenants included, this is an ideal investment for someone looking to dive right into co-living or a family seeking a fully furnished, move-in-ready home.
Key Features:
Turnkey Operation: The property is currently operating as a successful co-living business.
Fully Furnished: All furnishings come with the home, making this a hassle-free investment.
5 Bedrooms: Spacious layout perfect for co-living or a large family.
Tenant-Occupied: Income-generating with tenants already in place.
Self-Management: Currently self-managed by the owner. Buyers can choose to self-manage or hire a property manager.
Investment Potential:
Target Audience:
Investors: Perfect for someone wanting to expand or start a co-living portfolio.
Homestead Buyers: A move-in-ready, fully furnished home for families.
Income-Generating: With tenants already in place, this property offers immediate rental income.
Low Entry Fee: At $45,000 + closing costs, this is an affordable investment opportunity for a turn-key operation.
Why Spanaway?
Spanaway is a growing area, offering the perfect mix of suburban living and proximity to larger cities. With a steady rental demand and close access to schools, employers, and transit options, this location makes it ideal for co-living arrangements and family homes alike.
Important Notes:
Due Diligence: Buyer is responsible for performing their own due diligence on all aspects of the property, including the business operation, rental income, and property condition.
Documents Available: Link to T12, rent rolls, and mortgage statement provided upon request.
Self-Management: Buyers will need to self-manage the property or hire a manager for ongoing operations.
Act Now!
Don’t miss this rare chance to acquire a turnkey co-living business with stable tenants and minimal setup. Whether you're a seasoned investor or looking for a spacious, move-in-ready family home, this property offers incredible value.
Contact us today to schedule a viewing or to receive the detailed financials and rent rolls!
Get deals like this delivered to your inbox:
👉 Join the List
Disclaimer:
Buyer to perform their own due diligence. All property information is deemed reliable but not guaranteed. Verify all details, including financials and terms, before proceeding.
