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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.

PROPERTY FEATURES

PROPERTY DETAILS

Street Address: 10724 SW 109th Street
City: Tacoma
State: Washington
Postal Code: 98498
County: Pierce
MLS Number: 2342171
Year Built: 1965
Courtesy of COMPASS

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