Provided by NWMLS, Listed by COMPASS
Active
10724 SW 109th Street
Tacoma WA, 98498
$7,600,000
$210.89 per sqft
Active
36,037 sqft
Multi-family
Built in 1965
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.
2342171
MLSⓇ ID
March 6, 2025
Listed
March 9, 2025
Updated
Interior Features
Total Stories
1
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl Plank, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
High Efficiency (Unspecified)
Exterior/Building Features
Lot Size
3.19 Acres
Exterior Features
Metal/Vinyl
Lot Features
Open Space, Paved
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Steilacoom Historica
High School
Buyer To Verify
Elementary School
Buyer To Verify
Other Property Details
Area Name
40 - Lakewood
Taxes
$70,468
Tax Frequency
Annually
Garage
No
Parking Total
34
View
No
County
Pierce
Water Source
Public
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 3/12/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 3/12/2025 at 9:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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Data last updated on 3/12/2025 at 9:00 AM UTC
Compass