Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!
| MLS # | 2341860 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1930 |
| Days On Site | 543 |
| Listing Provided By | COMPASS | Lisa Le |
| SQ Feet | 24,568 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | Commercial,Industrial-Light,Mult |
| Acreage | 1.11 |
| Water Front | Yes |
| Property | 14347 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Roy |
| Zip Code | 98558 |
| Area | 119 Roy | McKenna |
| Community Name | Roy |
| State | WA |
|---|---|
| County | Pierce |
| City | Roy |
| Zip Code | 98558 |
| Area | 119 Roy | McKenna |
| Community Name | Roy |