10211 47th Avenue SW, Lakewood, WA 98499

WA, Lakewood
$3,000,000
  • 0.63 Acre
  • Residential Income Property Type
  • 1980 Year Built
  • Expired Status
Property Description

RARE ASSUMABLE DEBT OPPORTUNITY in excellent renters market, Kidder Mathews is pleased to have the exclusive listing for the Freeport Apartments. A truly unique assumable debt offering, Freeport sits in the heart of Lakewood and is well positioned to offer new ownership immediate cashflow. Built in 1980, Freeport holds 14-spacious 766 SF 2-bedroom homes situated less than two miles from Interstate – 5. This transit oriented community rests on 0.63 acres of land comprised of one building, ample surface parking and mature vegetation. With over 78% of units unrenovated, investors will find immense value in interior upgrades and implementation of washer/dry add ins.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2171996
  • Price: $3,000,000
  • Year Built: 1980
  • Lot Area: 0.63 Acre
  • Status: Expired
  • Office Name: Kidder Mathews
  • Agent Name: David A. Kelley
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System None
  • Exterior Features Wood Products
  • Flooring Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Lakewood
  • Zipcode 98499
  • Street: 47th
  • Street Number: 10211
  • Street Suffix: Avenue
  • Longitude: W123° 29' 22.9''
  • Latitude: N47° 9' 54.7''
  • Directions: Continue to I-705 S // Take I-5 S to WA-512 W in Lakewood. Take exit 127 from I-5 S // Take 100th St SW to your destination
  • Mls Area Major: 36 - Lakewood
  • Street Dir Suffix: SW
Neighborhood
  • High School District: Lakewood
Additional Information
  • Stories Total: 2
  • On Market Date: 2023-10-16
  • Number Of Units Total: 14
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 20752
Listing Information
  • List Agent Mls Id: 124360
  • List Office Mls Id: 128
  • Listing Term: Assumable
  • Mls Status: Expired
  • Modification Timestamp: 2024-05-04T07:17:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-05-04T07:15:18Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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