Built in 1970, the Puyallup Flats is a duplex style, fully renovated, prime investment opportunity in the Downtown Puyallup submarket of Washington. All units are fully remodeled 2/1 layouts with in-unit full size Washer Dryer and attached garage. Each duplex is on its own tax parcel and situated on a 32,330 SF lot, the Puyallup Flats offers 8 two-bedroom units each measuring approximately 885 SF, totaling a NRSF of 7,080. The interiors have undergone recent renovations, featuring new kitchen cabinets, quartz CT, stainless-steel appliances, W/D in a dedicated laundry room, upgraded flooring, etc. The Puyallup Flats are situated in an area characterized by a stable vacancy rate that is lower than the submarket’s pre-pandemic average.
