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This Multifamily Property is no longer advertised on LoopNet.com.
42 Thunderbird Pky SW
Lakewood, WA 98498
Oak Terrace Apartments · Multifamily Property For Sale
·
91 Units

Investment Highlights
- Serene Suburban Living away from the hustle and bustle of larger cities.
- A vibrant mix of residents, including families, young professionals, and retirees
- Named one of the nation’s “One Hundred Best Communities for Young People” by America’s Promise Alliance six years in a row.
- Easy access to major employment centers in Tacoma and nearby cities
- Picturesque landscapes with numerous lakes, parks, and green spaces, offering ample opportunities for outdoor recreation
Property Facts
| No. Units | 91 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 99,848 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1977/2026 |
| Lot Size | 3.13 AC | Parking Ratio | 1.12/1,000 SF |
| Zoning | MF3 | ||
| No. Units | 91 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 3.13 AC |
| Construction Status | Under Renovation |
| Building Size | 99,848 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built/Renovated | 1977/2026 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | MF3 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Fitness Center
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 680 - 772 |
| 2+1 | 35 | - | 865 - 975 |
| 2+2 | 30 | - | 975 - 1,088 |
Property Taxes
| Parcel Number | 022034-2027 | Improvements Assessment | $6,922,800 |
| Land Assessment | $5,230,700 | Total Assessment | $12,153,500 |
Property Taxes
Parcel Number
022034-2027
Land Assessment
$5,230,700
Improvements Assessment
$6,922,800
Total Assessment
$12,153,500
Listing ID: 29510452
Date on Market: 9/13/2023
Last Updated:
Address: 42 Thunderbird Pky SW, Lakewood, WA 98498
The North Lakewood Multifamily Property at 42 Thunderbird Pky SW, Lakewood, WA 98498 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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