Oak Terrace Apartments (Status: Pending)

42, Thunderbird Pkwy, Lakewood, WA  98498

The Oak Terrace Apartment complex is a VALUE ADD opportunity consisting of 91 units in the heart of Lakewood, Washington. This single building structure is a 4 story building, and is a mix of different sizes of one and two bedroom units. All units have fireplaces and either a deck or patio depending on floor. The building is equipped with 3 sets of elevators, 4 stairwells, coin operated laundry on each floor, and additional storage lockers for tenants. It is a secured building with key or punch code. There is an office at the entrance, vending machines, a club house, and an outdoor fenced pool with additional restrooms. Currently 100% occupied. Ample parking with additional rentable carports, and easy access to the main road. Units are currently rented significantly under market, giving

Listing Details

Asset Class: Multi-Family
Year Built: 1977
Building Total Square Feet: 99848
Available Lease Space Square Feet:
Number of Floors: 4
Total Parking Spaces: 130
Local Zoning Information: MF3

CBA

Listing Courtesy of: Keller Williams Commercial

Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.

Location

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