About 10724 Sw 109th Street
Discover a high-value investment in Tacoma’s thriving Lakewood submarket. Arrowhead Park is a fully occupied, 42-unit complex featuring spacious one-, two-, and three-bedroom layouts. With easy access to major retail hubs, outdoor recreation, and top employers—including JBLM and the expanding South Sound healthcare sector—this property benefits from strong tenant demand and stable occupancy. Offering a solid 6.59% cap rate, Arrowhead Park presents a lucrative value-add opportunity with planned renovations poised to drive rental growth. Take advantage of Lakewood’s affordability and economic momentum—an ideal investment in a rising market.
Features of 10724 Sw 109th Street
| MLS® # | 2342171 |
|---|---|
| List Price | $7,600,000 |
| Sale Price | $7,275,000 |
| Price Per SqFt | $202 |
| Bathrooms | 0.00 |
| Square Footage | 36,037 |
| Acres | 3.19 |
| Year Built | 1965 |
| Type | Income |
| Sub-Type | Multi Family |
| Status | Sold |
Community Information
| Address | 10724 Sw 109th Street |
|---|---|
| Area | 40 - Lakewood |
| Subdivision | Lakewood |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98498 |
Amenities
| Parking Spaces | 34 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
Exterior
| Exterior Features | Metal/Vinyl |
|---|---|
| Lot Description | Open Space, Paved |
School Information
| District | Steilacoom Historica |
|---|---|
| Elementary | Buyer To Verify |
| Middle | Buyer To Verify |
| High | Buyer To Verify |
Additional Information
| Days on Market | 142 |
|---|---|
| Cumulative Days on Market | 142 |
| Days on Website | 78 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |