Sandman Apartments

The Mogharebi Group is pleased to present the opportunity to acquire Sandman Apartments, a 79 unit multifamily community located at 10102 Sales Road South in Lakewood, Washington. This two story asset benefits from a diverse unit mix of studio-, one-bedroom, and two-bedroom floorplans. Additionally, Sandman Apartments has a large unused basement spaces that could be converted into additional amenities such as storage units, community lounge or game room, or fitness center. There is also an unused portion of the site on which a small 800- 1000 SqFt clubhouse or fitness center could be constructed. Potential amenities are realized in the area surrounding Sandman Apartments as it boasts a significant number of retail conveniences, including shopping and dining centers. Interlinked between these retail centers is an abundant network of public transportation hubs allowing an ease of mobility for local commuters and residents alike. Adding to local appeal and convenience, the property sits approximately a half mile from Interstate 5, a major commuter corridor. Additionally, this property can be combined and purchased together with Aladdin Townhomes, a 32 unit multifamily asset located just a mile from Sandman Apartments.