KW Mountains To Sound Realty
Alex Augustyn, KW Mountains To Sound RealtyPhone: (253) 266-4917
Email: [email protected]
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listing
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Listing Provided Courtesy of Kidder Mathews
Residential IncomeFor Sale
$1,800,000
6807 Lakewood Dr W
University Place, WA 98467
Listing Provided by: NWMLS
Est. Mortgage
$9,391/mo

Built in 1957 and recently upgraded, the Meadow Park apartments are a 12-unit offering sitting on Lakewood Dr and adjacent to the Meadow Park Golf Course. Resting on an acre of centrally located real estate, Meadow Park is comprised on efficiently laid out 1-bedroom 1-bath units holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, new cabinets, new LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping. Offered to investors at an in-place cap of 6.5%, this cash flowing opportunity is well positioned to provide new ownership consistent returns.

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