9115 Old Highway 99 Olympia, WA 98501 – 9115 Old Highway 99

9115, Old Highway 99, Olympia, WA  98501

For Sale

9115 Old Highway 99 (Status: Available) 1975000

9115, Old Highway 99, Olympia, WA  98501

REDUCED PRICE – 6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, 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. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.

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

CBA

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.

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