9115 Old Highway 99 (Status: Available) 2300000

9115, Old Highway 99, Olympia, WA  98501

6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are plans to run the lines to the intersection of Hwy 99 & 93rd Ave SE. At max density, this property could produce 99 units at $23.2K/unit. By incorporating the max affordable housing units, it could yield 133 units at $17.3K/unit. Priced at $7.96/SF

Listing Details

Asset Class: Multi-Family,Land
Year Built:
Building Total Square Feet: 0
Available Lease Space Square Feet: 288803
Number of Floors: 0
Total Parking Spaces: 0
Local Zoning Information: MFM-UGA

Listing Courtesy of: Windermere Professional Partne

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.