Lakewood Homes with 56 - 10+ Units Style

Lakewood Homes with 56 - 10+ Units Style

Lakewood, located in Pierce County, Washington, is a vibrant neighborhood that offers a variety of amenities and attractions for its residents. With its convenient location just south of Tacoma, Lakewood provides easy access to both urban amenities and natural beauty.

One of the notable features of Lakewood is its abundance of homes with 56 - 10+ units style. These multi-unit properties offer a range of housing options, from apartment complexes to townhomes. Whether you're looking for a spacious apartment or a low-maintenance townhouse, Lakewood has options to suit various lifestyles and preferences.

Living in a multi-unit property in Lakewood comes with several advantages. Many of these homes offer amenities such as fitness centers, swimming pools, and community spaces, providing residents with opportunities for relaxation and socialization. Additionally, maintenance and landscaping are often taken care of by the property management, making it a convenient choice for those who prefer a hassle-free living experience.

In terms of location, Lakewood is surrounded by natural beauty, including the stunning Puget Sound and nearby lakes. Outdoor enthusiasts will appreciate the numerous parks and trails in the area, perfect for hiking, biking, and picnicking. Lakewood is also home to several golf courses, offering recreational opportunities for golf lovers.

With its diverse housing options and proximity to both urban amenities and natural attractions, Lakewood is an appealing neighborhood for those seeking a convenient and fulfilling lifestyle. Whether you're a young professional, a growing family, or a retiree, Lakewood has something to offer everyone.

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.

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