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 In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping.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.
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Data last updated on 12/7/2024 at 7:00 AM UTC