0 NkaGrapeview, WA 98524

Property Details for 0 Nka

Lot size

8.78 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 8.78-acre parcel presents a remarkable multifamily development opportunity in the desirable waterfront community of Allyn, Washington. Located in Mason County, near the Case Inlet of Puget Sound, this property boasts a permitted R3 zoning designation, allowing for the construction of a substantial multifamily project. Preliminary estimates suggest the potential for 100-160 residential units, making this an attractive investment for developers seeking high-density residential development. The asking price is $650,000, translating to approximately $74,032 per acre. The land is priced at $1.70 per square foot. Conveniently located at 0 NKA, Allyn, WA 98524 (47.3506757, -122.8493277), this site offers unparalleled access to the natural beauty of Puget Sound while being strategically positioned for residential growth. Water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. This is a rare chance to acquire a significant land holding in a thriving waterfront community with strong potential for substantial returns. The property's zoning and location make it an ideal candidate for a variety of multifamily developments, catering to the growing demand for housing in the area. Don't miss this opportunity to secure a prime piece of waterfront property with exceptional development potential.

Location Insight

City

Grapeview

County

Mason

State

Washington

Latitude

47.3507

Longitude

-122.849

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