10240 Bridgeport Way SW

Lakewood, WA 98499

  • Bed

  • Bath

  • 0 SqFt

  • 30 DOM

  • Built: 2005

  • Status: Active

$11,500,000

X

10240 Bridgeport Way SW

Lakewood 98499

$11500000

  • Bed

  • Bath

  • 0 SqFt

  • 30 DOM

  • Built: 2005

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • Flat

  • 56 - 10+ Units

  • 2005

  • Storage

Features and Utilities

  • Wood

  • Public

  • Septic Tank, Sewer Connected

  • 0

Financial

  • 92705

  • Cash Out, Conventional

  • 03-25-2025

Comparable Information

  • 30

  • 30

  • Cash Out, Conventional

  • $11,750,000

  • $11,750,000

  • Apr 24, 2025 23:49

Schools

Elementary : Tyee Park Elem N/A Ratings
Middle : Lochburn Mid N/A Ratings
High : Clover Park Hig N/A Ratings

Map

Listing courtesy of Northmarq Multifamily, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 15, 2025 01:28 | Listing last modified Apr 24, 2025 23:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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