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Olympia Court Apartments

915, Capital Way, Olympia, WA 98501
$4,100,000

Description

Olympia Court Apartments (Status: Pending)

915, Capital Way, Olympia, WA  98501

We are pleased to offer Olympia Court and Anderson House for sale in Downtown Olympia. These properties are contiguous, and feature 34 total units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath units and (2) small retail storefronts. There are 17 secure garages, which allow for additional income, or potential to combine and add units. 5.7% Cap Rate based on current operations with upside potential via garage income and utility income. Properties are offered together with the 19-unit Gibbons House located 1 block away. Meticulously maintained by long term and local ownership.

Listing Details

Asset Class: Multi-Family
Year Built: 1928
Building Total Square Feet: 23677
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Urban Commercial Partners, LLC

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 915, Capital Way, Olympia, WA 98501
  • City: Olympia
  • State/county: WA
  • Zip/Postal Code: 98501
  • Neighborhood: Olympia
  • Country: United States

Detail

Updated on January 25, 2022 at 8:42 pm

  • Property ID: 646566
  • Price: $4,100,000.00/For Sale
  • Property Size: 23677 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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