321 Lofts & Franklin Loft Apartments Multi-Family FOR SALE


Olympia, WA - Downtown Olympia
$12,500,000 USD
206-715-5325
, Olympia, WA for Sale
$12,500,000 USD
Multi-Family - FOR SALE
1/7
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321 Lofts & Franklin Loft Apartments
Olympia, WA
Downtown Olympia


HIGHLIGHTS

  • Attractive assumable debt at 3.38% rate through April, 2031
  • 6.2% T-12 Cap Rate provides 280+ basis points of positive leverage immediately
  • Highly walkable 50 Yard Line Historic District location
  • Superb neighborhood demographics driven by close proximity to top employers
  • Quality construction with rental upside; prime candidate for groups in a 1031 exchange

OVERVIEW

Two adjacent apartment communities in the heart of downtown Olympia | 55 TOTAL UNITS

ASK ABOUT THIS PROPERTY

Reed CurtisJLLMore Info
206-715-5325

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Reed CurtisJLLMore Info
206-715-5325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.