The Village at Union Mills in Lacey, Washington

TMR Investments Purchases 182-Unit The Village at Union Mills in Lacey, Washington

by Channing Hamilton

LACEY, WASH. — TMR Investments has acquired The Village at Union Mills, a 182-unit community located at 8146 Sweetbrier Lane SE in Lacey, roughly five miles east of Olympia, Washington. The seller was not disclosed. The buyer plans to invest $4.1 million to execute a value-add strategy for the property. Planned renovations include updates to the fitness center, clubhouse and outdoor amenity spaces, as well as the addition of electric vehicle charging stations. Each apartment will also receive new stainless steel appliances, stone countertops and contemporary lighting and hardware.

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