WA > Lakewood > Clover Park
Lakewood, WA 98499,10240 Bridgeport WAY SW
Lakewood, WA 98499,10240 Bridgeport WAY SW
Lakewood, WA 98499,10240 Bridgeport WAY SW
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by Northmarq Multifamily, LLC
$11,500,000
Est. payment /mo
54 Beds
51 Baths
1.36 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Clover Park

MLS Listing ID 2349285

Style 56 - 10+ Units

Bedrooms 54

Year Built 2005

Annual Tax Amount $92,705

Lot Size 1.362 Acres

Property Sub-Type Multi Family

Property Description

We are pleased to present Town Centre Village, a premier investment opportunity in Lakewood, WA. This offering includes 2 well-maintained buildings: a 41,072SF mixed-use property comprising 33 residential units and 9 commercial spaces with frontage along Bridgeport Way, and a 6,932SF 4-Plex featuring 2 & 3 bedroom units. Ample parking is offered, including 40 surface spaces, 31 gated spaces, and 16 gated and covered spaces. With the potential to increase rental income by approximately 11% through minor renovations and rent adjustments to market rates, Town Centre Village presents a compelling value-add opportunity. The commercial component is currently 83% occupied, with the majority of tenants secured under long-term NNN leases.

Location

State WA

County Pierce

Area 40 - Lakewood

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Flat

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Septic Tank, Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Tyee Park Elem

Middle Schools Lochburn Mid

High Schools Clover Park High

School District Clover Park

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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agent

Josh Barnard

+1(253) 677-5765

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