10240 Bridgeport Way SW, Lakewood, WA 98499 (MLS # 2349285)

Listing provided courtesy of Northwest MLS; Northmarq Multifamily, LLC

PRICE	$11,500,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	1.36 ac

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We are pleased to present Town Centre Village, a premier investment opportunity in Lakewood, WA. This offering includes 2 well-maintained buildings: a 41,072SF mixed-use property comprising 33 residential units and 9 commercial spaces with frontage along Bridgeport Way, and a 6,932SF 4-Plex featuring 2 & 3 bedroom units. Ample parking is offered, including 40 surface spaces, 31 gated spaces, and 16 gated and covered spaces. With the potential to increase rental income by approximately 11% through minor renovations and rent adjustments to market rates, Town Centre Village presents a compelling value-add opportunity. The commercial component is currently 83% occupied, with the majority of tenants secured under long-term NNN leases.

LAST UPDATED	4/23/2025	TRACT	Clover Park
YEAR BUILT	2005	COMMUNITY	Clover Park
COUNTY	Pierce	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

Elementary School	Tyee Park Elem
Jr. High School	Lochburn Mid
High School	Clover Park High

PRICE HISTORY
Prior to Apr 23, '25	$11,750,000
Apr 23, '25 - Today	$11,500,000

ADDITIONAL DETAILS
AIR	None
AREA	40 - Lakewood
CONSTRUCTION	Wood Siding
HEAT	Electric, Heat Pump
LOT	1.3625 acre(s)
LOT DESCRIPTION	Corner Lot, Paved, Sidewalk
MLS STATUS	Active
SEWER	Septic Tank
STORIES	3
STYLE	56 - 10+ Units
SUBDIVISION	Clover Park
TAXES	92705
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 7/3/25 4:23 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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