42 Thunderbird Pky SW | Lakewood, WA 98498
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42 Thunderbird Pky SW
Lakewood, WA 98498
Oak Terrace Apartments · Multifamily Property For Sale · 91 Units
Investment Highlights
- Serene Suburban Living away from the hustle and bustle of larger cities.
- A vibrant mix of residents, including families, young professionals, and retirees
- Named one of the nation’s “One Hundred Best Communities for Young People” by America’s Promise Alliance six years in a row.
- Easy access to major employment centers in Tacoma and nearby cities
- Picturesque landscapes with numerous lakes, parks, and green spaces, offering ample opportunities for outdoor recreation
PROPERTY FACTS
| No. Units | 91 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 75,562 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Mid Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1977/2025 |
| Lot Size | 3.13 AC | Parking Ratio | 1.12/1,000 SF |
| No. Units | 91 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 3.13 AC |
| Construction Status | Under Renovation |
| Building Size | 75,562 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built/Renovated | 1977/2025 |
| Parking Ratio | 1.12/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Fitness Center
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 680 - 772 |
| 2+1 | 35 | - | 865 - 975 |
| 2+2 | 30 | - | 975 - 1,088 |
PROPERTY TAXES
| Parcel Number | 022034-2027 | Improvements Assessment | $7,398,400 |
| Land Assessment | $4,755,100 | Total Assessment | $12,153,500 |
PROPERTY TAXES
Parcel Number
022034-2027
Land Assessment
$4,755,100
Improvements Assessment
$7,398,400
Total Assessment
$12,153,500
zoning
| Zoning Code | MF3 |
| MF3 |
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