$2,495,000
Sold

333 Division Street NW

Olympia, WA 98502
10338 sqft | 0.81 acres | #2164199
Listing OfficeThe Foundation Group LLC
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Price reduction - current cap rate of 6.52% trending to 8.81%. Olympia Portfolio: value-add 15-unit in NW Olympia. Proximity to Capital Mall for retail, groceries, and dining. Well-connected to transportation. 7 contiguous parcels - four townhomes (built 2007, 2009), single-family home (1934), 6-unit apartment with standalone retail (1947), single parcel containing a house, cottage and converted garage unit (1935). Nearby to parks and Evergreen State College. Thoughtfully maintained with high curb appeal. Fully occupied, potential for rent increases and interior renovations. Parcels offer flexibility and significant value-add component.

  • Property Details
      • Days on Market (Cumulative)137

Location

Real Property Associates, Inc.
OR