PROPERTIES SOLD
Sold Property Information
Union Crest Complex
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Details:
Name: Union Crest Complex
Address: 14900 Union Avenue SW
City: Lakewood
Units: 37
Offered Price: $1,800,000
Sold Price: $1,725,000
Neighborhood: Pierce-County
Investment Highlights:
-Below Market Rents
-Management Upside
-High Visibility
-Plenty of Parking
Description:
The Union Crest Complex is comprised of 31 apartment and 6 commercial units. This mixed use property is located in the south end of the Lakewood area on busy Union Avenue. The close proximity to I- 5 on/off ramps, the entrance to McChord Air Force Base, and the other retail businesses nearby make this a high traffic thorough fare.

The buildings on the property were constructed in 1965 and 1971. The land totals 73,600 square feet. The apartment unit mix includes (19)1 bedroom/1 bath units and (12) 2 bedroom/1 bath units. The 6 commercial spaces tenants include RPM Racing Auto Shop, Shea’s Beauty Salon, Child Day Care Service, Faith For Living Covenant Church administration office, a 500 square foot weatherized Storage unit, and the newest addition to the property is a locally owned flower shop.
Listing Agent
Matt Weber
Phone:
(206) 505-9413
Fax:
(206) 505-9439
Email:
mweber@
westlakeassociates.com
Co-Listing Agent
Tyler Smith
Phone:
(206) 505-9425
Fax:
(206) 505-9439
Email:
tylersmith@
westlakeassociates.com
Selling Agent
For Additional Information Contact Westlake Associates Inc.
Phone:
(206) 505-9400
Fax:
(206) 505-9439
Email:
info@
westlakeassociates.com