The Chelsea
The Chelsea is a 20-unit apartment community built in 1964. The property is situated on a 13,000 sf corner lot just a few blocks from the Tacoma Dome Sound Transit Station. Ten (10) of the units are a 1 bedroom 1 bath layout and the remaining ten (10) are studios. The apartment homes face a nicely landscaped courtyard or open up to their own fenced patio yards. The unit interiors have newer flooring, trim, lighting, and modern paint. Some recent capital expenditures include all new electrical panels and upgrades (2021), new asphalt parking lot (2022), exterior lighting (2022), landscaping (2022), new vinyl windows (2017). Roofs were installed 2015 (two story building) and 2017 (1 story building). This investment requires no heavy lifting from a purchaser as current ownership has managed the community very effectively.