University Place Hard Money Loans
Intrust Funding is a University Place private lender for real estate providing direct lender loans to investors in Pierce County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Located in Pierce County, University Place is a dynamic city with a population of over 31,000. Known for its high-performing schools, scenic beauty, and high quality of life, University Place is an attractive location for residential real estate investment. The city’s strong local economy, anchored by sectors like healthcare and education, enhances its appeal for both residential and commercial investment. University Place’s diverse range of neighborhoods, from quiet suburban areas to bustling commercial districts, presents a broad spectrum of investment opportunities.
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A Real Estate Investor’s Guide to University Place
University Place, WA
University Place received its name in the 1800s when the University of Puget Sound, a private liberal-arts college in North Tacoma, purchased land along the primary north–south route of Grandview Drive. The school sought to build a new campus there, but ended up selling the land back to the city for about $11,000. University Place remained an unincorporated part of Pierce County until the City of University Place was formed on August 31, 1995.
Today, University Place is largely suburban in character and functions as a mixed business and residential area with waterfront on the Puget Sound. The town is home to Curtis Senior High School and Charles Wright Academy.
Pierce County
The second most populous county in Washington state, Pierce County is home to more than 790,000 people. Named after U. S. President Franklin Pierce, Pierce County is home to Mount Rainier, a volcano, and the tallest mountain in the Cascade Range.
Geography
University Place is located at 47°13′10″N 122°32′30″W (47.219545, -122.541610).[9]
According to the United States Census Bureau, the city has a total area of 8.56 square miles (22.17 km2), of which, 8.42 square miles (21.81 km2) is land and 0.14 square miles (0.36 km2) is water
Employment
University Place has an unemployment rate of 5.5%. The US average is 6.0%.
University Place has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Transportation
Hard Money Loan Scenarios University Place, WA
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