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50-Unit Town Centre Village Apartments Trades for $9.1MM in Lakewood
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50-Unit Town Centre Village Apartments Trades for $9.1MM in Lakewood
TCV Lakewood LLC’s $182,000-per-unit purchase of the 50-unit Town Centre Village Apartments marks one of the pricier Pierce County multifamily trades of the year, landing even as cap rates across the submarket climb to the highest level anywhere in the Puget Sound region. A mixed-use apartment and retail property in Lakewood’s town center has changed hands for $9.1 million, with the buyer paying a price per unit that runs well above where Pierce…
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