Lakewood Homes with 56 - 10+ Units Style

Lakewood, located in Pierce County, Washington, is a vibrant and diverse neighborhood that offers an array of amenities and attractions for residents. Situated in the beautiful Pacific Northwest region of the United States, Lakewood provides a perfect blend of urban convenience and natural beauty.

Known for its strong sense of community, Lakewood offers a wide range of housing options, including homes with 56 - 10+ units style. These multi-unit properties are an excellent choice for investors or those looking for a low-maintenance lifestyle. With spacious floor plans and modern amenities, these homes provide a comfortable and convenient living experience.

Living in a multi-unit property in Lakewood allows residents to enjoy a variety of benefits. These properties often offer shared amenities such as fitness centers, swimming pools, and community spaces, fostering a sense of community among residents. Additionally, the close proximity to neighbors can provide a sense of security and companionship.

Lakewood itself boasts a plethora of recreational activities and attractions. From scenic parks and lakes to golf courses and hiking trails, outdoor enthusiasts will find plenty to explore. The neighborhood is also home to a diverse culinary scene, with a wide range of restaurants offering various cuisines.

With its prime location, friendly community, and diverse housing options, Lakewood is an ideal neighborhood for those seeking a convenient and comfortable living experience. Whether you're looking to invest in a multi-unit property or find a new place to call home, Lakewood has something to offer for 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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