Investment Opportunity: Wonderland Apartments | Lakewood, WA
Announcing the latest investment opportunity in Lakewood, Washington! Introducing Wonderland Apartments, a 10-unit value-add property listed at $2,000,000, offering immense upside potential for investors looking to capitalize on both rental growth and future development.
?? Key Highlights:
?? 10-unit value-add opportunity This property offers a solid base of rental units with significant room for rent increases after renovations. Investors can enhance the value with smart upgrades and reposition the property for higher income.
?? Renovation potential to boost rental income With some strategic improvements, Wonderland Apartments has the potential to command much higher rents in the Lakewood market, offering great returns for the right buyer.
?? Development potential The property includes 1,200-1,500 SF of unused space, which can be converted into two additional units, further increasing cash flow and maximizing the asset’s potential.
?? Prime location Wonderland Apartments is situated near major retail centers and recreational hubs, making it an attractive option for tenants who appreciate convenience and accessibility.
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?? Why Invest in Lakewood? Lakewood, WA, is emerging as a growth hotspot, with rising rental demand and ongoing development, making it a prime area for apartment investors seeking long-term gains. Proximity to Tacoma and Joint Base Lewis-McChord adds another layer of desirability, ensuring a steady flow of potential tenants.
For full details on this listing and to download the complete marketing package, visit BuyWonderlandApartments.com.
This property is poised for success, and opportunities like this don’t last long. Contact our team for more information, and let’s discuss how Wonderland Apartments can be the next gem in your portfolio.
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