334 Devoe Street NE

Olympia, WA 98506
Listing courtesy of Coldwell Banker Evergreen
$1,550,000
Rare opportunity to own a fully occupied, seller-owned 8-unit mobile home park in Olympia, delivering an impressive 8.91% cap rate and strong in-place cash flow. Devoe Mobile Park produces $138,128 in annual NOI and $160,800 in gross income, making it one of the highest-yielding portfolios in Thurston County! Includes 1Read MoreRead Less
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Lot Size
0.75 Acres
Year Built
1965
Property Tax
$6,430
MLS Number
2435556
Property Location Map
Additional Details
Building
Built in 1965, Built in 1965 (effective), 1 storey, Construction Materials: Metal/Vinyl, Wood
Cooling
None
Expenses
Electric: $2,400, Insurance: $2,042, Other Expense: $7,000
Exterior Features
Metal/Vinyl, Wood, Wood Products
Floors
Laminate, Vinyl
Foundation
Block, Pillar/Post/Pier
Heating
Wall Unit(s)
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $157,800, Net Operating Income: $138,128
Lot
0.751 acres, Dimensions: 263X126, Paved, Secluded
Parking
12 total parking spaces
Property
Fair, Leasable area: 3518
Roof
Composition
Security Features
Partially Fenced
Sewer
Septic Tank
Taxes
Parcel Number: 34201600200, Annual Amount: $6,430, Year: 2024, Zoning description: Residential
Utilities
Water Source: Public, Electric

Based on information submitted to the MLS GRID as of , .

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Bill Sauneuf
Bill Sauneuf
360-708-2929
Bill Sauneuf
Real Estate Agent
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Listings last updated on ,