Lakewood Homes with 56 - 10+ Units Style

Welcome to Lakewood, Washington, a vibrant community nestled in Pierce County that perfectly balances suburban tranquility with urban convenience. Known for its picturesque landscapes and friendly atmosphere, Lakewood offers a diverse range of homes, including charming properties with 56 to over 10 units, making it an ideal destination for both investors and families.

Lakewood is characterized by its lush parks, serene lakes, and stunning views of Mount Rainier, providing residents with ample opportunities for outdoor recreation. Whether you enjoy hiking, biking, or simply soaking in nature, the area's natural beauty is bound to captivate you. The city boasts an array of parks, including the popular Fort Steilacoom Park, which features walking trails, picnic areas, and even a historic fort to explore.

In addition to its scenic allure, Lakewood is conveniently located near major highways and public transportation, making commuting to nearby Tacoma or Seattle a breeze. The neighborhood is also home to a variety of shopping, dining, and entertainment options, ensuring that residents have everything they need within reach.

Families will appreciate the quality of schools in the area, with several highly-rated institutions serving the community. The mixture of residential, commercial, and recreational spaces creates a dynamic environment that fosters a strong sense of community.

Whether you're looking to invest in multi-unit properties or seeking a welcoming neighborhood to call home, Lakewood offers a unique blend of charm, convenience, and opportunity. Come experience the warmth and beauty of Lakewood, where your dream home awaits!

Newest Lakewood Homes with 56 - 10+ Units Style

$1,900,000

2525348 MLS ⋅ ACTIVE Status

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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