$2,550,000
335 Division Street NW
Listing Type: For Sale
Property Type: Multi-Family
Status: Pending
CBA ID#: 671933
Property Type: Multi-Family
Status: Pending
CBA ID#: 671933
Marketing 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.Land Features:
- Lot Size: 36127 SqFt
- Lot Acreage: 0.83 Acres
- Zoning: R-6-12
Building Features:
- Building Size: 10338 SqFt
- Available Space: 10338 SqFt
- Number of Floors: 1
- Cap Rate: 6.14%
- Year Built: 1947
This Listing Supplied Courtesy of The Foundation Group
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.
