Kidder Mathews Represents Seller In $21.5 Million Sale Of Pacific Walk Townhomes In Lakewood
8333 32nd Avenue South
Building Size
—
Asset Type
MultiFamily
Closing
Dec 11, 2025
AI
The multi-family property located at 8333 32nd Avenue South in Lakewood, WA has sold for $21.5 million. The asset comprises 142 units, with a price per unit of $151,408. The property predominantly features two-bedroom townhomes, benefiting from a strategic location in proximity to major employers and transportation hubs in the South Puget Sound market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $21,500,000
- Units: 142
- Price Per Unit: $151,408
- Sale Date: 12/11/2025
- Address: 8333 32nd Avenue South
- Market: Lakewood, WA
- Brokers: Dylan Simon, Jerrid Anderson, Elijah Piper, JD Fuller & Tony Herrmann - Kidder Mathews
Kidder Mathews brokers Dylan Simon, Jerrid Anderson, Elijah Piper, and JD Fuller represented the seller and sourced the buyer for this transaction. The sale of the Pacific Walk Townhomes emphasizes the ongoing demand for multi-family housing in the region.
Players
Lakewood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · All transaction types transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93