$2,700,000
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8100 Sherwood Forest Street SW Lakewood, WA 98498
Multi-Family
Residence
Beds
Baths
Sq. Ft.
1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Value Add 16-unit multi-family investment opportunity. Sherwood Forest Apartments is located in the Central Lakes neighborhood of Lakewood at the end of a quiet residential street. Consisting of (2) duplexes, (2) triplexes, and (1) 6-unit, the complex offers a mix of 1-, 2-, and 3-bedroom units wi...th covered patios, decks, and fully fenced backyard space for ground floor units. In-place Cap Rate of 6.38%, approx. 50% of the units have been updated, leaving upside for an incoming purchaser to renovate and stabilize the operations. High historic occupancy levels, vacancies rarely occur.
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MLS#
2273020
Property Type
Multi-Family
Status
Year Built
1963
Lot Size
1
Sewer
Sewer Connected
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