Timbers West

The Timbers West is a 22-unit garden-style multifamily community located in Olympia, Washington. The property consists of 4 separate buildings all built in 1972. The apartment unit mix is four (4) 1 bed/1 bath units measuring 650 sf, four (4) 1 bedroom/1 bath townhome style units measuring 750 sf, thirteen (13) 2 bed/1 bath units measuring 850 sf, and one (1) 2 bedroom/1.5 bath townhome style unit measuring 850 sf. The apartment interiors and property exterior has been diligently maintained by the current ownership. The apartment homes are spacious in size, including large private decks, dishwashers, and some cathedral ceilings or 2 story layouts. The community provides ample private parking including 16 covered parking stalls. This offering presents a buyer an exciting value add opportunity to acquire a stable asset with significant rental income upside.