5
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Listed by COMPASS
$2,750,000
Est. payment /mo
24,568 SqFt
Active
9414 357th ST S Roy, WA 98558
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 24,568 sqft
Price per Sqft $111
Subdivision Roy
MLS Listing ID 2341860
Style 56 - 10+ Units
Year Built 1930
Annual Tax Amount $14,347
Lot Size 1.110 Acres
Lot Dimensions 236x241x238x227
Property Sub-Type Multi Family
Property Description
Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!
Location
State WA
County Pierce
Area 119 - Roy/Mckenna
Interior
Flooring Vinyl
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Waterfront Description River
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Sewer Septic Tank
Water Public
New Construction No
Schools
School District Yelm
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.