Estimated payment $15,848/month
Highlights
- River Front
- No HOA
- Vinyl Flooring
- Corner Lot
- Wood Siding
- 3-minute walk to McKenna Park
About This Home
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!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2341860
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,348
Year Built
- Built in 1930
Lot Details
- 1.11 Acre Lot
- Lot Dimensions are 236x241x238x227
- River Front
- Corner Lot
- Property is in good condition
Parking
- 20 Parking Spaces
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 24,568 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Utilities
- Radiant Heating System
- Septic Tank
Community Details
- No Home Owners Association
- Roy Subdivision
Listing and Financial Details
- Assessor Parcel Number 0217282038
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | For Sale | $2,750,000 | -- | $112 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2341860
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Based on information submitted to the MLS GRID
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