Log In/Sign Up
Your email has been sent.
Grange St Duplexes 7519 Grange St W 16 Unit Apartment Building $4,800,000 ($300,000/Unit) Lakewood, WA 98499
Investment Highlights
- Brand new 2025 construction!
- Desirable neighborhood
Executive Summary
Birds Mill is a brand-new 16-unit duplex-style community in Lakewood’s desirable Dower neighborhood, blending modern architecture with warm, livable interiors. Featuring eight one-bedroom ground floor units and eight two-bedroom townhome style. Each residence offers open layouts, high ceilings, quartz countertops, in-unit laundry & stainless steel appliances! The property features a lush courtyard, vibrant playground, and colorful benches. There are 26 parking stalls and easy access to shopping, I-5, JBLM and Lakewood Towne Center. There are local parks and nearby schools, which make this property an exceptional investment opportunity, in a high-demand rental market. The quality of construction is excellent! Seller is starting to lease up!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $4,800,000 | Apartment Style | Townhome |
| Price Per Unit | $300,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 16 | Building Size | 20,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Price | $4,800,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 20,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,395 | - |
| 2+2 | 8 | $2,195 | - |
1 1
Property Taxes
| Parcel Number | 390500-0270 | Improvements Assessment | $500 |
| Land Assessment | $344,200 | Total Assessment | $344,700 |
Property Taxes
Parcel Number
390500-0270
Land Assessment
$344,200
Improvements Assessment
$500
Total Assessment
$344,700
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Grange St Duplexes | 7519 Grange St W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.