Bought with Abbey Realty Inc
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8607 Steilacoom Rd SE Lacey, WA 98513
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lacey
MLS Listing ID 1785405
Sold Date 05/03/22
Style 53 - Tri-plex
Year Built 1997
Annual Tax Amount $10,025
Lot Size 0.760 Acres
Lot Dimensions 33105
Property Sub-Type Multi-Family
Property Description
Kidder Mathews is please to present the Lacey Tri-Plex for sale in Olympia, WA Built in 1997, the Lacey Tri-Plex is comprised of 3-units holding one 2,600 SF duplex and one 1,800 SF apartment above a large 2 bay 2,520 SF shop. Excellent value-add opportunity, this offering holds below market rents and original interiors ripe for renovations. This unique asset is being offered to investors at a 5% cap rate with proforma market cap potential of well over a 6% cap.
Location
State WA
County Thurston
Area 451 - Hawks Prairie
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District North Thurston
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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