THE ANNEX

THE ANNEX is a new, luxury 76-unit apartment community in Lakewood, WA less than 0.5 miles from Joint Base Lewis-McChord (JBLM), the top army base in the western United States. This project is Phase II of the Springbrook Project and sits adjacent to Springbrook Phase I, Wellstone at Bridgeport. Set to break ground in 2026, The Annex exemplifies the best in modern apartment living with unparalleled access to the Puget Sound region via immediate access to I-5. Visit our full offering page for more details.

PROJECT HIGHLIGHTS

LOCATION

12527 Bridgeport Way SW, Lakewood, WA 98499

PROVEN TRACK RECORD

Momentum Partners had great success in the development of Springbrook Phase I – Wellstone at Bridgeport. The project was sold in 2021 for $72.4 Million to an investor that specializes in housing for military members and their families.

INVESTOR RETURN

Estimated IRR of 17.37 %

3D RENDERING

PROJECT SUMMARY

3D Gallery

17.37% ROI

UNIQUE OPPORTUNITY

directly invest in institutional-quality real estate with a team that repeatedly delivers high returns

OUR EXPERIENCE

the wisdom to identify market trends and come out on top of real estate cycle

Why invest in Annex?

Consistent with its approach toward creating superior-quality group investment opportunities, Momentum Partners is committed to pursuing “strictly friendly” real estate transactions. The firm’s culture emphasizes respect and integrity in dealing with outside parties and reflects a long-term approach to creating and cultivating relationships, whether with partners, tenants or sellers.

On the News.

Investor Specializing in Military Housing Buys Lakewood Apartment Complex for $72.4MM

Network of Strong Relationships

Momentum Partners’ principals have developed a strong network of industry professionals. This network has allowed the firm to access key information and to utilize “deal execution” resources at critical points in the investment process.

Momentum Partners Synergies

Momentum Partners enjoys direct access to professionals with experience and expertise in all aspects of finance, development and construction, acquisitions, restructuring, advisory and valuation, property management, and investment sales and leasing. These resources provide timely and in-depth knowledge of critical market trends, valuation and crucial insight into risk assessment and management for various investment situations.

LOCATION

THE ANNEX benefits from its proximity to Joint Base Lewis-McChord (JBLM) as well as its direct access to I5. The location of THE ANNEX gives residents ease of access to the area’s top employer (JBLM) and all of the Puget Sound region.