Description
Great redevelopment site on busy Pacific Hwy S (Old Hwy 99) with a Puget Sound View. Includes a easement for ingress and egress across the property to the north where the existing driveway is now. Bring your plans and lets do a deal. Residents are paying up to $11k+ per month now for other AFH's If you have 16 Residents x 11k per month = $176K Monthly Gross = $2,112,000 Yearly Gross Owner is a General Contract/Builder and Architect and Can Build this building for Buyer for $1.2M Plus the price of the land.
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0BEDS
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0.6ACRES
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0BATHS
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01/2 BATHS
Listing information ©2023 Northwest MLS. Listing courtesy of Keller Williams Realty Ps.
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Description
Great redevelopment site on busy Pacific Hwy S (Old Hwy 99) with a Puget Sound View. Includes a easement for ingress and egress across the property to the north where the existing driveway is now. Bring your plans and lets do a deal. Residents are paying up to $11k+ per month now for other AFH's If you have 16 Residents x 11k per month = $176K Monthly Gross = $2,112,000 Yearly Gross Owner is a General Contract/Builder and Architect and Can Build this building for Buyer for $1.2M Plus the price of the land.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-11T00:14:47.83. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-12-11T00:14:47.83. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.