Cash-buyer and investment activity over the last 12 months.
Data last updated
In Lake Tapps, investors own about 6 tracked properties across 4 active buyers, with a median investor purchase price near $293,000. 0 were acquired in the last 12 months.
4
Active Cash Buyers
6
Investor-Owned Properties
0
Acquisitions (12 mo)
$293,000
Median Purchase Price
Acquisition Activity
Acquisitions (last 12 mo)0
Acquisitions (last 24 mo)0
Share acquired in last 12 mo0.0%
Average purchase price$410,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments3
Gated contacts available5
Property Characteristics
Top property typeSingle Family Residential
Most common bed / bath4 bd / 2 ba
Median bedrooms4
Median baths2
Median building size (sqft)2,576
Average building size (sqft)2,407
Median year built1978
Average year built1985
Built before 198060.0%
Investment Strategy Mix
Value-Add / Rehab60.0%
Buy & Hold40.0%
New Construction0.0%
Hottest ZIP codes for investors
98391 · 0
Market read
What the Lake Tapps numbers mean
The dominant play is value-add / rehab, at 60.0% of tracked activity. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.
Activity is not spread evenly. ZIP 98391 absorbs the most investor purchases in Lake Tapps, and it is the fastest place to start a buyer list.
Investor ownership in Lake Tapps runs to roughly 6 properties, spread across 4 active buyers.
Investors here buy at a median of $293,000. The average of $410,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
The median investor-owned home was built around 1978. With 60.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.