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.
