Lakewood Portfolio

The Lakewood portfolio consist of 130 units spread across three properties in the Lakewood, WA submarket. The properties offer a variety of one-two-, and three bedroom units. The community's are pet-friendly and amenities include shared laundry facilities and surface parking.

Recent renovations feature new flooring and remodelled kitchens. Residents benefit from the property's convenient location near shopping, dining, and public transportation options. Amenities include shared laundry facilities and off-street parking.

Investment

The acquisition of this 130-unit apartment portfolio was strategically selected for its strong value-add potential. This investment centers around a proven approach: renovating units, increasing rents, and implementing quality management to drive long-term performance.

The business plan involved renovating unit interiors to modern standards, and improving functionality and aesthetics to meet market demand. Equally important is the focus on strong, hands-on management and enhancing curb appeal.

This acquisition reflects our commitment to disciplined, strategic investing with a focus on long-term growth through operational improvements and asset enhancement.