WA > Tacoma > Lakewood
Tacoma, WA 98498,10724 SW 109th ST
Tacoma, WA 98498,10724 SW 109th ST
Tacoma, WA 98498,10724 SW 109th ST
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Listed by COMPASS
$7,600,000
Est. payment /mo
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2 Beds
1 Bath
36,037 SqFt
Active

10724 SW 109th ST Tacoma, WA 98498

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Whitney Johnson

Whitney Johnson

Discover Northwest Realty Group INC.

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 36,037 sqft

Price per Sqft $210

Subdivision Lakewood

MLS Listing ID 2342171

Style 56 - 10+ Units

Bedrooms 2

Year Built 1965

Annual Tax Amount $70,468

Lot Size 3.190 Acres

Property Sub-Type Multi-Family

Property Description

Discover a high-value investment in Tacoma's thriving Lakewood submarket. Arrowhead Park is a fully occupied, 42-unit complex featuring spacious one-, two-, and three-bedroom layouts. With easy access to major retail hubs, outdoor recreation, and top employers—including JBLM and the expanding South Sound healthcare sector—this property benefits from strong tenant demand and stable occupancy. Offering a solid 6.59% cap rate, Arrowhead Park presents a lucrative value-add opportunity with planned renovations poised to drive rental growth. Take advantage of Lakewood's affordability and economic momentum—an ideal investment in a rising market.

Location

State WA

County Pierce

Area 40 - Lakewood

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Deck, Fenced-Partially, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Open Space, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Steilacoom Historica

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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