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8333 32nd Avenue South

Kidder Mathews Represents Seller In $21.5 Million Sale Of Pacific Walk Townhomes In Lakewood
MultiFamily

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:

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

Dylan Simon

Kidder Mathews

Broker

$365.8M

vol

15 deals

Broker

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