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11212 Bridgeport Way SW
Lakewood, WA 98499 Lakeview Tacoma

$1,375,000 USD

Apartments For Sale  •  7,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,500 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1964
  • Zoning R4
30 Transit Score
70 Walk Score

Highlights

Strong unit mix of (4) one-bedroom, (4) two-bedroom, and (2) three-bedroom one-bath units offering broad appeal across a wide range of tenant profiles
Recent capital improvements include a fully upgraded electrical system with new panel replacements installed throughout every unit across the property
Well-positioned 10-unit multifamily asset in Lakewood with stable in-place income and operational upside potential to push returns above a 7% Cap Rate
Desirable location along Bridgeport Way SW offering tenants excellent accessibility to employment, retail, dining, and transit corridors in the region
Proximity to Tacoma and Joint Base Lewis-McChord drives consistent rental demand and supports a stable, diverse pool of quality long-term tenants here
Close proximity to shopping, dining, parks, and everyday amenities strengthens the property's tenant appeal and supports consistently strong retention

Property Flyers

Amenities

  • Courtyard
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Carpet
  • Garden
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
3 min 14 min 0.7 mi
8 min - 4.4 mi
AirportDriveWalkDistance
Seattle-Tacoma International 45 min - 29.6 mi
Tanner Fogle 360-771-0010 Paragon Real Estate Advisors
Tanner Fogle 360-771-0010 Paragon Real Estate Advisors