915 Capitol Way S, Olympia, WA 98501
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- MLS#: NWM2262536 ( Residential Income )
- Street Address: 915 Capitol Way S
- Viewed: 2
- Price: $4,350,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1929
- Bldg sqft: 0
- Additional Information
- Geolocation: 47.0401 / -122.902
- County: THURSTON
- City: Olympia
- Zipcode: 98501
- Subdivision: Capital Campus
- Provided by: Urban Commercial Partners, LLC
- Contact: Pat Suarez
- 206-325-9333
- DMCA Notice
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DescriptionSELLER FINANCING AVAILABLE for this meticuously maintained asset in the highly sought after Olympia multi family submarket. Available for first time in 20+ years, this offering consists of 2 contiguous properties Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. High historic occupancy with significant upside potential via rent increases and utility charges.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- None
Country
- US
Covered Spaces
- 17.00
Exterior Features
- Wood Products
Garage Spaces
- 0.00
Heating
- Baseboard
- Forced Air
Insurance Expense
- 27719.00
Living Area
- 0.00
Area Major
- 447 - Olympia North
Net Operating Income
- 249567.00
Open Parking Spaces
- 0.00
Other Expense
- 75730.00
Parcel Number
- 78506500002
Possession
- Closing
Property Condition
- Good
Property Type
- Residential Income
Roof
- Composition
Sewer
- Sewer Connected
Tax Year
- 2024
Year Built
- 1929