$1,300,000
For Sale

423 Franz Anderson Road SE

Olympia, WA 98501
Listing OfficeKeller Williams South Sound
Browse 20 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Style42 - Multi-Family
      • School DistrictNorth Thurston
      • Date ListedApril 25, 2024
      • Structure TypeMulti Family
      • ViewTerritorial
      • Original List Price$1,300,000
      • Sewer InformationAvailable
      • Utility SourceAvailable
      • Property TypePurchase
      • CountyThurston
      • SubdivisionOlympia
      • MLS #2233034
      • Cost1300000
      • MLS #2233034
      • Taxes Annual$5,518
      • Acres1.02
      • Property SubtypeLand
      • Days on Market (Cumulative)260
Ross & RachelReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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