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.
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Days online/new listing status Based on first download from the MLS.
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23 hours ago
Listing updated with changes from the MLS
3 days ago
Listing first seen online
Central A/ CForced Air
Forced AirWall Unit(s)
53 - South Tacoma
Courtesy of NWMLS Listing courtesy of Louis Voorhees of Westlake Associates, Inc.
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Northwest MLS. Data last updated at: 2023-09-28 11:30 AM PDT