Description

JLL, as an exclusive advisor, is pleased to present the outstanding opportunity to acquire Imber at Union Mills, a premier garden-style apartment community located in Lacey, WA.

Built in 2023, Imber at Union Mills (“the Property”) consists of 279 traditional one bedroom, and two-bedroom two-bathroom units along with a host of exceptional community amenities including a 24-hour fully equipped fitness center, expansive pool with hot tub, grilling stations, playground and pickleball court. In-unit features include air-conditioning, stainless-steel appliances with glass top stove, white quartz counters in the kitchen and bathroom, wood-style flooring, and in-unit full-size washer and dryer.

Imber at Union Mills benefits from a convenient location within 15 minutes of Downtown Olympia and 30 minutes from Downtown Tacoma, giving residents easy access to the south Puget Sound’s key economic drivers. Conveniently positioned along Highway 510, the Property offers residents an accessible suburban lifestyle with easy commuter access throughout Thurston County and beyond. The location provides quick connectivity to I-5 corridor with shopping, dining, and entertainment just minutes away. The Property appeals to renters seeking affordable, low-density living outside the urban core, serving a growing employment base including nearby Joint Base Lewis-McChord and the Hogum Bay Industrial Corridor which features over 11.8M SF of distribution and logistics facilities.

New ownership will benefit from acquiring the Property at a substantial discount to replacement cost, while securing a new construction garden style asset within the diverse south Puget Sound economy.

...