$11,500,000

10240 Bridgeport Way SW, Lakewood, WA 98499

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon1.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This listing courtesy of Brendan Greenheck, Northmarq Multifamily, LLC

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.

Listing Status:
Active
Listing Office:
Northmarq Multifamily, LLC : 952-356-0100
Listing Agent:
Brendan Greenheck : 425-530-8576
MLS ID:
2349285
  • Flooring: Vinyl Plank
  • A/C: None
  • Heating: Heat Pump
  • Fireplace: Fireplaces: 0

This listing courtesy of Brendan Greenheck, Northmarq Multifamily, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeview Hope Academy

10501 47th Ave SW, Lakewood, WA, 98499

Grades KG-5

0.42 miles away

L

Lochburn Middle School

5431 Steilacoom Blvd SW, Lakewood, WA, 98499

Grades 6-8

1.06 miles away

C

Clover Park High School

11023 Gravelly Lake Dr SW, Lakewood, WA, 98499

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.