10724 109th St SW
Lakewood WA 98498

Arrowhead Park Apartments

10724 109th St SW Lakewood WA 98498

Listing #: 686980 | Status: Available | Last Modified: 11/19/2024 |

For Sale
Dylan Simon
  • Phone:(206) 414-8575
  • Email:dylan.simon@kidder.com
  • Office Name:Kidder Mathews
  • Office Phone:(206) 296-9600
  • Office Website:
JD Fuller
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 7,795,000.0
  • $/SF$ 198.1
  • $/Unit$ 7,795,000.0
  • Listing StatusAvailable
  • Days on Market68
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 8.18 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings4
  • # of Floors1
  • # of Units42
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF39340
  • Net Rentable Area39340
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF145059
  • Acres3.33
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaLakewood
  • Tax ID #2255300020
  • Additional Parcels2255300010, 2255300030
  • ZoningNC
Construction
  • Year Built1968
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Arrowhead Apartments

Public Comments

Arrowhead Park Apartments is a prime 42-unit multifamily investment opportunity located in Lakewood, WA, a rapidly growing area near Tacoma. The property offers significant value-add potential through both interior and exterior renovations. Situated on 138,870 SF of land, the apartments are distributed across four buildings, with a total residential net rentable square footage of 39,340 SF.

Listing Images