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7519 GRANGE ST W, LAKEWOOD, WA 98499

Birds Mill Apartments

Marcus & Millichap is pleased to exclusively present Birds Mill Apartments, a newly constructed 16-unit multifamily community in Lakewood, Washington. Built in 2025, the property features quality modern construction, contemporary interiors, and a desirable unit mix of one-bedroom flats and two-bedroom townhome-style residences. With attractive interest-only financing producing a 6%+ cash-on-cash return, Birds Mill provides investors with immediate cash flow, limited maintenance obligations, and the stability of a newly built asset in one of Pierce County’s most established rental markets.

PRICE

TBD

YEAR BUILT

2025

# OF UNITS

16

RENTABLE SF

20,721 SF

LOT SIZE

0.62 AC

AVG UNIT SF

825 SF
17825 22ND AVE E, FREDERICKSON, WA 98445

Rainier View Court Townhomes

Marcus & Millichap is pleased to present the opportunity to acquire Phase II of the Rainier View Court Townhomes, a 12-unit townhome-style multifamily community completed in 2021 and located at 17821– 17825 22nd Ave E in Frederickson, Washington. Tucked behind an established condominium community, the property offers a quiet, residential setting paired with modern construction, upscale finishes, and spacious floor plans that appeal to long-term tenants. Built with longevity in mind and maintained in excellent condition, Rainier View Court provides investors with a stable, low-maintenance asset and a compelling long-term hold opportunity.

PRICE

$4,950,000

YEAR BUILT

2021

# OF UNITS

12

RENTABLE SF

20,721 SF

LOT SIZE

0.62 AC

AVG UNIT SF

825 SF
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