$2,463,000
Sold

15001 Woodbrook Drive SW

Lakewood, WA 98439
Listing OfficeKidder Mathews
Browse 6 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Brand new apartment opportunity with assumable debt, Kidder Mathews is pleased to have the exclusive listing for the Woodbrook apartments. Excellent cash flowing opportunity, the Woodbrook Apartments is a brand-new garden style community located in Lakewood, WA. Situated on just under an acre, the Woodbrook offering consists of 12 1-bedroom 1-bath units, top of the market interior finishes, extremely low maintenance grounds and promising rental growth potential. Woodbrook has extremely attractive assumable debt offered at 3.37% fixed through 2029. With an in place cap of 6.2%, Woodbrook offers investors an opportunity to own a cash flowing asset with very limited capital expenditures for years to come.

  • Property Details
      • Exterior MaterialsWood Products
      • Stories1
    • Measurements
      • Acres0.92
  • Construction Details
      • Style56 - 10+ Units
      • Property TypeMulti-Family
    • Condition
      • Year Built2019
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
  • Community and Neighborhood Details
      • SubdivisionLakewood
    • Location
      • School DistrictLakewood
      • CountyPierce
  • Financial Details
      • Original List Price$2,600,000
      • Taxes Annual$12,085
      • Days on Market (Cumulative)96
  • Other
      • MLS #2176712
Lake & Company Real Estate