109 93rd Avenue SW, Yelm, WA 98597

$544,000

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Listing courtesy of Yelm Windermere Real Estate. Selling Office: Equipment Supply LLC.

Sold Price
$544,000
List Price
$925,000
Status
SOLD
MLS#
1943318
Closing Date
Apr 09, 2024
Days on Market
531
Annual Tax Ammount
7879

Property Description

Great 1+ acre, property Zoned C-1 in the City limits of Yelm & just off SR 510. Has 2 buildings, totaling 8,496 sq. ft. with 3 separate units, each with an office. Property currently used for Auto & RV repair. Tenants pay their own utilities except water. Unit C is Vacant. Great investment property and/or run your own business. Not many properties like this, so don't miss out. Do not Disturb Tenants. Fixtures belong to Tenants. Unit A - 5 bays, approx. 3,024 Sq. Ft. including office Unit B - 3 Bays, approx. 2,160 Sq. Ft. including office Unit C - 5 Bays, approx. 3,312 Sq. Ft. including office

Additional Information

Community
Yelm
Building Condition
Average
Style
60 - Comm Bldg Und 10K
Year Built
1992
# of Assigned Spaces
13
Roof
Metal
Tax Year
2022
Potential Terms
Cash Out, Conventional
Interior Features
Concrete
Flooring
Concrete
Driving Directions
SR 510 to 93rd Ave SW, turn onto 93rd Ave SW & property on the left.
Energy Source
Electric
Net Operating Income
$44,909
Gross Adjusted Income
$61,272
Gross Scheduled Income
$61,272
Water/Sewer/Garbage Expenses
$3,732
Cap Rate
3.75
Total Expenses
$16,363
Based on information submitted to the MLS GRID as of . 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.
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