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509 Old Pacific Hwy SE
Olympia, WA 98513
Riverside Manor · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Fully Rehabbed and stabilized with room to raise rents.
- Beautiful secluded location close to military, main freeway access and downtown Olympia.
- New roofs, windows, sliding doors, paint interior and exterior, appliances, cabinets, etc...
Property Facts
| No. Units | 40 | Building Size | 34,558 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 5.60 AC | ||
| Zoning | RR1/5 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.60 AC |
| Building Size | 34,558 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | RR1/5 |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Carpet
- Deck
- Dining Room
- Double Pane Windows
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | $1,625 | 830 |
| 2+1 | 11 | $1,470 | 830 |
| 3+1.5 | 12 | $1,780 | 1,020 |
| 1+1 | 13 | $1,312 | 700 |
Property Taxes
| Parcel Number | 21808410300 | Improvements Assessment | $3,674,400 |
| Land Assessment | $1,820,000 | Total Assessment | $5,494,400 |
Property Taxes
Parcel Number
21808410300
Land Assessment
$1,820,000
Improvements Assessment
$3,674,400
Total Assessment
$5,494,400
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