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16418 Middle Road Southeast
Yelm, WA 98597
Asking Price
$1.80M
Asset Type
Residential Land
Class
Class B
What's Special
23 Lot Preliminary Plat with Engineering in Yelm! <p><strong style="color: rgba(0, 0, 0, 1)">Exceptional 4.3-acre development opportunity in the heart of Yelm! Offered with a 23-lot preliminary plat and engineering already completed, this property presents a rare chance for builders and developers to accelerate their timeline and capitalize on the area's continued growth and strong housing demand. Utilities are in the street, helping streamline the development process and reduce upfront infrastructure hurdles. The property includes an existing
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015