Lakewood Homes with 56 - 10+ Units Style

Lakewood, Washington, is a vibrant neighborhood located in Pierce County. Situated in the beautiful Pacific Northwest region of the United States, Lakewood offers a charming blend of natural beauty and urban amenities. With its convenient location just south of Tacoma, residents of Lakewood enjoy easy access to a variety of attractions and services.

One of the notable features of Lakewood is its diverse range of housing options. For those seeking multi-unit living, Lakewood offers a selection of homes with 56 - 10+ units style. These properties cater to individuals and families looking for spacious and well-designed residences. Whether you're interested in apartment-style living or a townhouse community, Lakewood has options to suit various lifestyles and preferences.

Living in Lakewood means having access to a host of amenities and recreational opportunities. The neighborhood boasts numerous parks, including the popular Fort Steilacoom Park, which offers scenic trails, sports fields, and a beautiful lake. Residents can also enjoy shopping and dining at Lakewood Towne Center, a bustling retail hub that features a variety of stores, restaurants, and entertainment options.

Lakewood is also home to several excellent schools, making it an attractive choice for families. The neighborhood's strong sense of community is reflected in its numerous community events and activities, which foster a welcoming and inclusive atmosphere.

With its fantastic location, diverse housing options, and abundant amenities, Lakewood is a neighborhood that offers something for everyone. Whether you're looking for a place to call home or considering an investment opportunity, Lakewood's homes with 56 - 10+ units style are worth exploring.

Newest Lakewood Homes with 56 - 10+ Units Style

$1,650,000

2525348 MLS ⋅ ACTIVE Status

MOTIVATED SELLER! $117K PER UNIT & 6.93% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.