Kidder Mathews is pleased to present Craft II Development for sale, a true shovel-ready fully entitled 95-unit development site located in Tumwater, WA.

PRICING Open Bid
BID DATE To Be Announced
TERM Conventional Purchase

Please register to gain access to the due diligence documents.

Comprised of +/- 3.47 acres and sitting alongside Capitol Blvd, this well-located development opportunity will offer sweeping views of the Tumwater Valley Golf Club, unmatched park proximity, and excellent access to Interstate – 5. Future residents of the development will enjoy oversized units averaging 777 SF, walking distance to the brand-new Craft district and many other neighboring amenities. With building permits available for pickup, investors will benefit from immense project scheduling flexibility and the ability to draft an extremely accurate construction budget. In addition, Craft II holds an 8-year tax abatement from the City of Tumwater with zero affordability covenants.

OFFER REQUIREMENT

All offers must be submitted to Austin Kelley and Ted Sipila must include the following terms and information:

  • Purchase Price
  • Earnest money deposit, including non-refundable portion and timing of deposits
  • Timing for due diligence and post-diligence closing period
  • Source of funds for acquisition

Property Tours

All property tours will be conducted exclusively by Austin Kelley or Ted Sipila by appointment only. To learn more about this opportunity, please contact the Listing Brokers directly.