1420 Fones Rd SE | Olympia, WA 98501
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1420 Fones Rd SE
Olympia, WA 98501
Arbol Grande · Multifamily Property For Sale · 25 Units
Investment Highlights
- TWENTY FIVE apartment homes in desirable Lacey / Olympia area
- FIRST TIME ever being offered for sale owned by the family of original builders
- SPACIOUS 2-bedroom 2-bathroom units averaging 1,100 SF
- HEAVY VALUE ADD $450 rental upside available through interior upgrades
- 1994 BUILT two-story garden style
- FULL-SIZE washer / dryer in each home
PROPERTY FACTS
| No. Units | 25 | Lot Size | 1.36 AC |
| Property Type | Multifamily | Building Size | 26,754 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1994 |
| Building Class | B |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.36 AC |
| Building Size | 26,754 SF |
| No. Stories | 2 |
| Year Built | 1994 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 682 |
| 2+2 | 12 | - | 975 |
PROPERTY TAXES
| Parcel Number | 11819140100 | Improvements Assessment | $4,307,400 |
| Land Assessment | $1,072,400 | Total Assessment | $5,379,800 |
PROPERTY TAXES
Parcel Number
11819140100
Land Assessment
$1,072,400
Improvements Assessment
$4,307,400
Total Assessment
$5,379,800
zoning
| Zoning Code | RM-24 |
| RM-24 |
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