Listed by Lisa Le, COMPASS
- 24,568
- Square feet
- $112
- Per sq ft
- Multi Family
- Type
- 1930
- Year built
- 48,352 sq ft
- Lot
- 276
- Days on market
About this property
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!
Location & commute
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Property details
Listing details
- Listing number
- #2341860
- Listed
- March 6, 2025
- Days on market
- 276
- Price per sq ft
- $112
Unit & building
- Stories in building
- 2
Parking
- Total spaces
- 20
Construction
- Year built
- 1930
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Radiant
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl
Lot
- Lot features
- Corner LotPaved
- Lot size
- 48,352 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- See Remarks
Utilities
- Water
- City of Roy
- Sewer
- Septic Tank
- Power
- PSE
Schools
- District
- Yelm
What stands out to you?
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- Multi Family
- Composition
- Radiant
- None
- Electric
- Vinyl
- Corner Lot
- Paved
- See Remarks
- Septic Tank
Listing history
Listed
$2,750,000
March 6, 2025
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$16,013
- Principal & interest
- $13,905
- Property tax (est.)
- $2,108
Assumes $550,000 down (20%), a $2,200,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.