$2,300,000
9115 Old Highway 99
Listing Type: For Sale
Property Type: Land, Multi-Family
Status: Available
CBA ID#: 671722
Property Type: Land, Multi-Family
Status: Available
CBA ID#: 671722
Marketing Description:
6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are plans to run the lines to the intersection of Hwy 99 & 93rd Ave SE. At max density, this property could produce 99 units at $23.2K/unit. By incorporating the max affordable housing units, it could yield 133 units at $17.3K/unit. Priced at $7.96/SFLand Features:
- Lot Size: 288803 SqFt
- Lot Acreage: 6.630 Acres
- Zoning: MFM-UGA
Building Features:
- Available Space: 288803 SqFt
- Cap Rate: 0.00%
This Listing Supplied Courtesy of Windermere Professional Partne
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
