12 Spacious Units!
Exterior Large Decks

7920 Washington BLVD

Lakewood, WA 98498

12 Spacious Units consisting of Three buildings on three separate parcels, 13 carport spaces and plenty of off street parking, attractive low maintenance professional landscaping, with ample storage and opportunity to increase rents to market rates ,opportunity to add value by adding washer & dryers to the units increasing cash flow, Large units (tenants love the size) with Large decks and Patios, 100% occupied, This building fronts a main access road for all drive by traffic between Lakewood and Spanaway, High traffic count a plus for keeping your units occupied.
5 minutes to lovely Gravelly Lake, Lakewood town center, 5 minutes to I-5. The property is fenced for privacy and among evergreen Trees & lush gardens, 1 carport for every unit plus an abundance of guest parking, vinyl windows, gas furnaces, forced air, coin operated laundry 2 washers and 2 dryers, effective year of buildings 1987.
Out of the three main lakes in Lakewood, Gravelly Lake is the most prestigious and expensive. Lakewood is the second-largest city in Pierce County and the 18th-largest in the state of Washington situated a short drive from Seattle and Olympia. Lakewood also is a hub for activity at the Ports of Tacoma, Olympia and Seattle .Known as the "playground" for region's elite who enjoyed its lakes, golf courses and other amenities, including the Weyerhauser family (yes, of forestry fame) whose home was on Gravelly Lake. Washington Terrace is just blocks away from Pierce College and minutes to I-5.
@ Lakewood is conveniently located just south of Tacoma and halfway between Sea-Tac International Airport to the north and the city of Olympia to the south
@ Lakewood@s position at the junction of I-5, SR-512, and US Hwy 99 coupled with light rail access, make the City a major transportation hub for the lower Puget Sound region.
@ Direct Sounder commuter rail service from Lakewood to Seattle and connections to Everett
@ Lakewood has invested over $36 million in Capital Improvements over the past 12 years. The primary focus has been on the City@s major corridors to help improve safety, traffic flow, aesthetics, and multi-modal access
@ Several beautiful parks, lakes, and open spaces

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Aerial Video
Aerial Video
Photographed by Kathleen Morse 
To schedule a private showing or to receive more information about this property please contact us.

Capstone Real Estate Group
Donna Marshall
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