Off-Market Condo: C1 at Cherry Orchard 5002 S 30th St, Tacoma, WA 98409
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Cherry Orchard 5002 S 30th St, Tacoma, WA 98409

- #C1

$285,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $137 per day and long-term for an average of $1,486 per month, based on similar listings in the area. Estimated short-term cap rate of 4.1%. Estimated long-term cap rate of -2.1%. Affordable living in a great location! Charming 2 bedroom, 1.5 bathroom Townhome offering over 1,034 Sq. ft. of open living space. Enjoy quiet time on your private patio. Parking! All appliances stay! New Hot Water Heater! Close to Highway 16, Restaurants and Shopping. Standard 1 year home warranty being offered to buyer!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$220
Rental Policy
daily
Yearly Taxes
$2892
Bedrooms
2
Bathrooms
2
SQFT
1,034
Furnished
N/A
Year built
2004
Listing Status
Off Market
MLS
2279548

Short-term Rental Potential
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$35,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$275

Price/SQFT

Long-term Rental Potential
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$17,832

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,486/mo

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