Tradewinds Apartments
11212 Bridgeport Way SW Lakewood, WA 98499
Property Type Multi-family
Price 1375000
Status Active
Property Highlights:
- Strong unit mix including (4) one-bedroom one-bath units, (4) two-bedroom one-bath units, and (2) three-bedroom one-bath units appealing to a broad tenant base
- Recent capital improvements include a fully upgraded electrical system throughout all units with new panel replacements
- Well-positioned 10-unit multifamily asset located in Lakewood offering stable in-place income with operational upside to an above 7% Cap Rate
- Strong location along Bridgeport Way SW providing excellent accessibility
- Convenient access to Tacoma and Joint Base Lewis-McChord, supporting consistent rental demand
- Proximity to shopping, dining, parks, and everyday amenities enhances tenant appeal and retention
- Located within a growing South Puget Sound submarket with continued population and employment growth
- Attractive opportunity for investors seeking a smaller, manageable asset with both income stability and upside potential
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