Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® Number2349285
Laundry Level
Central VacNo
FireplaceNo
Acreage1.3625
ExteriorWood
GarageNo
Approx. Age2005
Basement
Driveway
Garage Spaces
HeatHeat Pump
A/CNone
Heating Fuel
Extras
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