2302 S G St #1-13 Tacoma, WA 98405

Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved-just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights: Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) Tax Advantage: Eligible for Tacoma's 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: Hard costs track well below King County at ~$210-$255/gross SF Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM Projected gross rent: $20,500-$22,500/mo at ~95% occupancy (Studios: $1,250-$1,400 | 1-BD: $1,550-$1,850)Entitlement Risk Removed: Architectural review, SEPA, civil engineering, and city planning cycles are complete. Eliminate the soft-cost burn and step directly into vertical execution.Mminutes from the Tacoma Dome and Downtown core. Quick access to I-5, Hwy 16, the Tacoma Link Light Rail extensions, and the Sounder Train at Tacoma Dome Station. 1-2 miles of University of Washington Tacoma (UWT), MultiCare Tacoma General Hospital, St. Joseph Medical Center.Walkable urban hub.permitted plans included in price