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Brittany Lane

Lacey, WA

Brittany Lane

Overview

Location

Lacey, WA

Acquired

2018

Units

189

Acquisition Price

$35,070,000

Capital

$13,800,000

Status

Holding

Brittany Lane Apartments, a 189 unit community located in Lacey, WA., was constructed in 1998 and 2000.  This gated community includes modern architecture, large floor plans and sprawling grounds, which present the perfect combination for TMR’s signature renovation and repositioning program. Opportunities to increase Brittany Lane’s market presence are found throughout the property, including the clubhouse, pool, grounds (adding a large dog park) and of course the dated apartment interiors.  Located on Martin Way and just down the street from the Hawk’s Prairie Village Mall, the premiere local shopping and entertainment center, this asset will benefit from great drive by visibility as well as what we believe is the best location in Lacey.

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