Property Details

Tradewinds Apartments, a well-positioned 10-unit multifamily investment opportunity located at 11212 Bridgeport Way SW in Lakewood. This property offers investors the chance to acquire a stable, efficiently sized asset in one of South Puget Sound’s most accessible and renter-demand driven submarkets.Built in 1964, Tradewinds Apartments features a highly attractive and functional unit mix consisting of (4) one-bedroom one-bath units, (4) two-bedroom one-bath units, and (2) three-bedroom one-bath units. This diverse unit composition appeals to a broad tenant base, from individuals to families, supporting consistent occupancy and long-term tenancy.The property has recently undergone capital improvements, including replacement of electrical panels in all units.Strategically located along Bridgeport Way SW, the property benefits from excellent visibility and connectivity, with convenient access to Tacoma, Joint Base Lewis-McChord, and major retail corridors. Residents enjoy proximity to shopping, dining, parks, and everyday services, making Tradewinds Apartments a practical and desirable housing option within the Lakewood market.The property presents investors with a clear value-add opportunity through the potential for additional interior upgrades, implementation of storage income, and rental optimization to better align with current market conditions. With strong underlying fundamentals and a straightforward operational profile, Tradewinds Apartments offers both immediate income stability and long-term upside.Positioned within a growing and evolving submarket, this offering represents an opportunity to acquire a well-located multifamily asset with scalable potential and durable tenant demand in the greater Puget Sound region.