9414 357th ST S, Roy, WA 98558 - MLS#2341860 - Brian Gass

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Brian Gass

brian@1realty.com +1(360) 201-0908

Listed by COMPASS

$2,750,000

Est. payment - /mo

24,568 SqFt

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UPDATED:

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

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Brian Gass

+1(360) 201-0908

Designated Broker | License ID: 26737

Designated Broker License ID: 26737

9414 357th ST S Roy, WA 98558

Brian Gass

Key Details

Location

Interior

Exterior

Building

Schools

Others

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