10724 SW 109th Street, Tacoma, WA 98498 (MLS # 2342171)
Listing provided courtesy of Northwest MLS; COMPASS
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Discover a high-value investment in Tacoma's thriving Lakewood submarket. Arrowhead Park is a fully occupied, 42-unit complex featuring spacious one-, two-, and three-bedroom layouts. With easy access to major retail hubs, outdoor recreation, and top employers"”including JBLM and the expanding South Sound healthcare sector"”this property benefits from strong tenant demand and stable occupancy. Offering a solid 6.59% cap rate, Arrowhead Park presents a lucrative value-add opportunity with planned renovations poised to drive rental growth. Take advantage of Lakewood's affordability and economic momentum"”an ideal investment in a rising market.
LAST UPDATED | 3/8/2025 | TRACT | Lakewood |
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YEAR BUILT | 1965 | COMMUNITY | Lakewood |
COUNTY | Pierce | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
Elementary School | Buyer To Verify |
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Jr. High School | Buyer To Verify |
High School | Buyer To Verify |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 40 - Lakewood |
CONSTRUCTION | Metal Siding, Vinyl Siding |
HEAT | Electric, Natural Gas |
INTERIOR | Wall to Wall Carpet |
LOT | 3.19 acre(s) |
LOT DESCRIPTION | Open Space, Paved |
MLS STATUS | Active |
STORIES | 1 |
STYLE | 56 - 10+ Units |
SUBDIVISION | Lakewood |
TAXES | 70468 |
UTILITIES | Sewer Connected |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/14/25 7:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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