Halcyon Apartments (Fully Entitled)
Halcyon Road SW, Lakewood, WA 98499
Executive Summary
Summary
- Price: $1,600,000
- Address: XXX Halcyon Road SW & 4205 109th St SW, Lakewood WA 98499
- Parcels: 6075000070 & 6075000060
- Call for Offers: TBD (Owner reserves the right to accept offer prior to such date)
- Proposed Units: 40 (Fully Entitled)
- Land Area: .72 acres (31,363.2 square feet)
- Zoning: TOC (Transit Oriented Commercial)
First Western Properties is pleased to exclusively present Halcyon Commons, a fully-entitled 40-unit development opportunity in Lakewood. This property has unparalleled convenience, offering residents quick access to Lakewood Towne Center, JBLM, and the greater Puget Sound region via I-5, all within a 5 minute drive. The development will cater to the needs of young professionals, families, and military personnel seeking a convenient and connected lifestyle. Proximity to JBLM provides a built-in tenant base and ensures consistent demand. This property is well-situated for Sound Transit commuters, with the Lakewood Sound Transit Station just a 2 minute drive south of Halcyon. Annual Sound Transit ridership has exceeded 40 million boardings per year each of the past 3 years.