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Grange St Duplexes 7519 Grange St W 16 Unit Apartment Building $6,529,536 CAD ($408,096 CAD/Unit) Lakewood, WA 98499
Investment Highlights
- Brand new 2025 construction!
- Desirable neighborhood
Executive Summary
Birds Mill is a brand-new 16-unit duplex-style community in Lakewood’s desirable Dower neighborhood, blending modern architecture with warm, livable interiors. Featuring eight one-bedroom ground floor units and eight two-bedroom townhome style. Each residence offers open layouts, high ceilings, quartz countertops, in-unit laundry & stainless steel appliances! The property features a lush courtyard, vibrant playground, and colorful benches. There are 26 parking stalls and easy access to shopping, I-5, JBLM and Lakewood Towne Center. There are local parks and nearby schools, which make this property an exceptional investment opportunity, in a high-demand rental market. The quality of construction is excellent! Seller is starting to lease up!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $6,529,536 CAD | Apartment Style | Townhome |
| Price Per Unit | $408,096 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 16 | Building Size | 20,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Price | $6,529,536 CAD |
| Price Per Unit | $408,096 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 20,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,898 CAD | - |
| 2+2 | 8 | $2,986 CAD | - |
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Property Taxes
| Parcel Number | 390500-0270 | Improvements Assessment | $678 CAD |
| Land Assessment | $466,494 CAD | Total Assessment | $467,172 CAD |
Property Taxes
Parcel Number
390500-0270
Land Assessment
$466,494 CAD
Improvements Assessment
$678 CAD
Total Assessment
$467,172 CAD
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Grange St Duplexes | 7519 Grange St W
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