Multifamily building around a grassy courtyard, with covered parking and cars in front.
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
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Multifamily building around a grassy courtyard, with covered parking and cars in front.
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
10724 SW 109th Street
Provided by NWMLS, Bought with COMPASS and Listed by Coleton Pantley, 206-330-0314 at COMPASS
Sold

10724 SW 109th Street

10724 SW 109th Street, Tacoma, WA 98498

$7,275,000
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.

Studio

36,037 Sq.Ft. LIVING AREA

3.19 Acres lot

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Vinyl Plank, Carpet

Area & Lot

  • Status Sold
  • Date Sold May 30, 2025
  • Living Area36,037 Sq.Ft.
  • Total Area36,037 Sq.Ft.
  • Lot Area3.19 Acres
  • MLS® ID2342171
  • TypeMulti-Family
  • YEAR BUILT1965
  • Elementary SchoolBuyer To Verify
  • Middle SchoolBuyer To Verify
  • High SchoolBuyer To Verify
  • School DistrictSteilacoom Historica

Exterior

  • STORIES1
  • water SourcePublic
  • roofComposition
  • lot featuresOpen Space, Paved
  • HEAT TYPEHigh Efficiency (Unspecified)
  • AIR CONDITIONINGNone
  • sewerSewer Connected
  • security FeaturesPartially Fenced
  • other exterior FeaturesMetal/Vinyl

Financial

  • Sales Price$7,275,000
  • Real Estate Tax $70,468/yr

Ready to Help

I approach real estate as a responsibility, not a transaction. I take the time to truly understand your goals, guide you with clear strategy, and advocate for you with focus and care. Known for my calm presence and strong negotiation skills, I help clients navigate Seattle’s competitive market feeling informed, protected, and confident from start to finish.

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