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2712 Hazelwood Ln SELacey, WA 98503
HICKS LAKE MULTIFAMILY
Asset ClassMultifamily, Land, Senior Housing
Land4.98 Acres
Call For Offers: 09/02/26Access Data Room
Fully Entitled Waterfront Multi-Family Opportunity
overview of deal

Overview

The Hicks Lake property represents an opportunity to deliver a lakefront residential experience unmatched in South Puget Sound. The 4.98-acre Hicks Lake site, fully permitted for 182 units and improved with a restored shoreline and private dock, is poised to set a new benchmark for attainable luxury in the Pacific Northwest.

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Investment Highlights

  • 220+ feet of private Hicks Lake waterfront
  • Fully designed and approved plans, vested to 2018 building and energy codes
  • Shoreline restoration and dock complete under issued SDP
  • Neighboring 15-acre park and boat launch
  • Design inspires outdoor connection and maximizes lake and mountain views

Unit Mix

Units
Avg Sq. Ft.
1-BR / 1-BA
28
805
1-BR / 1-BA / Study
12
924
1-BR / 1.5-BA
4
608
2-BR / 2-BA
120
1,053
2-BR / 2-BA / Study
18
1,238
Total / Wtd. Avg
182
1,015
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2712 Hazelwood Ln SELacey, WA 98503
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