This Multifamily Property is no longer advertised on LoopNet.com.

510 Lilly Rd SE
Olympia, WA 98501
 Lilly Apartments · Multifamily Property For Sale · 20 Units

Apartment Buildings Washington Olympia 510 Lilly Rd SE, Olympia, WA 98501

INVESTMENT HIGHLIGHTS

  • Value-Add Investment
  • Well-educated workforce with stable government jobs
  • Remodeled units are achieving rent premiums up to $217 per month
  • High in-place cap rate

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.50 AC
Building Size 9,498 SF
Average Occupancy 90%
No. Stories 1
Year Built 1969
Parking Ratio 4.2/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Carpet
  • Smoke Free

SITE AMENITIES

  • Grill
  • Vision Impaired Accessible

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $1,278 475
2+1 4 $1,417 575

LINKS

PROPERTY TAXES

Parcel Number 65100500101 Improvements Assessment $2,580,500
Land Assessment $791,600 Total Assessment $3,372,100

ZONING

Zoning Code GC
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  • Listing ID: 27221152

  • Date on Market: 12/1/2022

  • Last Updated:

  • Address: 510 Lilly Rd SE, Olympia, WA 98501

More public record information on 510 Lilly Rd SE, Olympia, WA 98501

The North Olympia Multifamily Property at 510 Lilly Rd SE, Olympia, WA 98501 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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