MLS Number 1785405
- Multi Family Residential Income
- Units 3
- Acreage 0.76
- Year Built 1997
Kidder Mathews is please to present the Lacey Tri-Plex for sale in Olympia, WA Built in 1997, the Lacey Tri-Plex is comprised of 3-units holding one 2,600 SF duplex and one 1,800 SF apartment above a large 2 bay 2,520 SF shop. Excellent value-add opportunity, this offering holds below market rents and original interiors ripe for renovations. This unique asset is being offered to investors at a 5% cap rate with proforma market cap potential of well over a 6% cap.
Listed by David A. Kelley of Kidder Mathews