$1,900,000
12413 Bridgeport Way SW, Lakewood, WA 98499
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12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499
12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499 12413 Bridgeport Way SW, Lakewood, WA 98499

MLS #2525348 / Listing provided by NWMLS .

$1,900,000

12413 Bridgeport Way SW
Lakewood, WA 98499

Active 20 hours ago
1972
Year Built

Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1955, and an 8-unit building situated at the rear of the property, built in 1972. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 25
  • Total Uncovered Parking Spaces: 19

Structure

  • Roof: Composition
  • Exterior Features: See Remarks

Lot Details

  • Acres: 2.62
Area Features

Schools

  • High School District: Lakewood

Lot Details

  • Acres: 2.62
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water, Sewer, and Garbage: 27390
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