10724 SW 109th Street, Tacoma, WA 98498 (MLS # 2342171)

Listing provided courtesy of Northwest MLS; COMPASS

PRICE	$7,600,000
BEDS	0
BATHS	0
HOME SIZE	36,037 sqft
LOT SIZE	3.19 ac

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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
YEAR BUILT	1965	COMMUNITY	Lakewood
COUNTY	Pierce	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

Elementary School	Buyer To Verify
Jr. High School	Buyer To Verify
High School	Buyer To Verify

ADDITIONAL DETAILS
AIR	None
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

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Properties with the Logo 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 3/16/25 10:16 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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