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!
Listing Provided Courtesy of Lisa Le, COMPASS
General Information
NWM2341860
Multi Family
60
DOM
1.11 acres
24568
1930
Commerc
Pierce
Residential Incom
Multi Family
Listing Provided Courtesy of Lisa Le, COMPASS
Krishna Realty data last checked: Jul 11, 2025 14:27 | Listing last modified May 06, 2025 00:05,
Source:
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!