Provided by NWMLS, Listed by Kidder Mathews

Pending

6807 Lakewood Dr W

University Place WA, 98467

$1,800,000


Pending

Multi-family

Built in 1957

Built in 1957 and recently upgraded, the Meadow Park apartments are a 12-unit offering sitting on Lakewood Dr and adjacent to the Meadow Park Golf Course. Resting on an acre of centrally located real estate, Meadow Park is comprised on efficiently laid out 1-bedroom 1-bath units holding modernized interior finishes. Inside you'll find hard surface countertops, stainless steel appliance package, new cabinets, new LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping. Offered to investors at an in-place cap of 6.5%, this cash flowing opportunity is well positioned to provide new ownership consistent returns.

2299274

MLS ID

October 10, 2024

Listed

November 22, 2024

Updated

Map

6807 Lakewood Dr W
University Place WA, 98467

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.97 Acres


Exterior Features

Stone


Roof

Flat


Sewer

Septic Tank

School Information

School District

Fife

Other Property Details

Area Name

32 - University Place


Taxes

$12,412


Tax Frequency

Annually


Garage

No


Parking Total

16


View

No


County

Pierce


Pool

No

Listing History

Date

Event

Price

11/15/2024

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/7/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/7/2024 at 7:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 12/7/2024 at 7:00 AM UTC 

Powered byLuxury Presence