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Olympia Hard Money Lenders

 

Olympia Hard Money Loans

Intrust Funding is an Olympia private loan lender providing flip loans to investors in Thurston County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.

As the capital city of Washington, Olympia has a diverse population of around 52,000. Its robust government sector, along with a thriving arts scene and robust economy, make it a prime location for residential and commercial real estate investment. The city’s historic downtown district, picturesque waterfront, and beautiful parks like the Tumwater Falls Park add to its charm and livability. With its strategic location on the southern tip of Puget Sound and its excellent transport links, Olympia presents numerous opportunities for real estate investment.

 

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A Real Estate Investor’s Guide to Olympia

Olympia, WA
Thurston County
Geography
Employment
Transportation

Olympia, WA

Olympia is the capital of the U.S. state of Washington and the county seat and largest city of Thurston County. It is 60 miles southwest of the state’s most populous city, Seattle, and is a cultural center of the southern Puget Sound region.

European settlers claimed the area in 1846, with the Treaty of Medicine Creek initiated in 1854, followed by the Treaty of Olympia in 1856. Olympia was incorporated as a town on January 28, 1859, and as a city in 1882. It had a population of 55,605 at the time of the 2020 census, making it the state’s 23rd-largest city. Olympia borders Lacey to the east and Tumwater to the south.

Olympia is at the southern end of Puget Sound on Budd Inlet. The Deschutes River estuary was dammed in 1951 to create Capitol Lake. Much of the lower area of downtown Olympia sits on reclaimed land. The cities of Lacey and Tumwater border Olympia.


Thurston County

Thurston County is a county located in the U.S. state of Washington. As of the 2020 census, its population was 294,793. The county seat and largest city is Olympia, the state capital.

Thurston County was created out of Lewis County by the government of Oregon Territory on January 12, 1852. At that time, it covered all of the Puget Sound region and the Olympic Peninsula. On December 22 of the same year, Pierce, King, Island, and Jefferson counties were split off from Thurston County. It is named after Samuel R. Thurston, the Oregon Territory’s first delegate to Congress.


Geography

Olympia is at the southern end of Puget Sound on Budd Inlet. The Deschutes River estuary was dammed in 1951 to create Capitol Lake. Much of the lower area of downtown Olympia sits on reclaimed land. The cities of Lacey and Tumwater border Olympia.

The region surrounding Olympia has a warm-summer Mediterranean climate, whereas the local microclimate has dry summers and cool July and August overnight lows. Most of western Washington’s weather is brought in by weather systems that form near the Aleutian Islands in Alaska. It contains cold moist air, which brings western Washington cold rain, cloudiness, and fog. November through January are Olympia’s rainiest months. City streets, creeks, and rivers can flood from November to February. The monthly mean temperature ranges from 38.4 °F in December to 64.1 °F in August. Seasonal snowfall for 1981–2010 averaged 10.8 inches but has historically ranged from trace amounts in 1991–92 to 81.5 in in 1968–69.


Employment

Olympia has an unemployment rate of 5.6%. The US average is 6.0%.

Olympia has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.


Transportation

Olympia Regional Airport is just south of Olympia in Tumwater. It is operated by the Port of Olympia and serves general aviation as well as corporate aviation. Amtrak provides service to Olympia-Lacey at Centennial Station. Amtrak train 11, the southbound Coast Starlight, departs Olympia at 11:19am with service to Centralia; Portland; Sacramento; Emeryville, California (with bus connection to San Francisco); and Los Angeles. Amtrak train 14, the northbound Coast Starlight, departs Olympia at 6:01pm daily with service to Tacoma and Seattle. Amtrak Cascades trains, operating as far north as Vancouver and as far south as Eugene, Oregon, serve Olympia-Lacey several times daily in both directions.


Olympia, WA

Olympia is the capital of the U.S. state of Washington and the county seat and largest city of Thurston County. It is 60 miles southwest of the state’s most populous city, Seattle, and is a cultural center of the southern Puget Sound region.

European settlers claimed the area in 1846, with the Treaty of Medicine Creek initiated in 1854, followed by the Treaty of Olympia in 1856. Olympia was incorporated as a town on January 28, 1859, and as a city in 1882. It had a population of 55,605 at the time of the 2020 census, making it the state’s 23rd-largest city. Olympia borders Lacey to the east and Tumwater to the south.

Olympia is at the southern end of Puget Sound on Budd Inlet. The Deschutes River estuary was dammed in 1951 to create Capitol Lake. Much of the lower area of downtown Olympia sits on reclaimed land. The cities of Lacey and Tumwater border Olympia.

Thurston County

Thurston County is a county located in the U.S. state of Washington. As of the 2020 census, its population was 294,793. The county seat and largest city is Olympia, the state capital.

Thurston County was created out of Lewis County by the government of Oregon Territory on January 12, 1852. At that time, it covered all of the Puget Sound region and the Olympic Peninsula. On December 22 of the same year, Pierce, King, Island, and Jefferson counties were split off from Thurston County. It is named after Samuel R. Thurston, the Oregon Territory’s first delegate to Congress.

Geography

Olympia is at the southern end of Puget Sound on Budd Inlet. The Deschutes River estuary was dammed in 1951 to create Capitol Lake. Much of the lower area of downtown Olympia sits on reclaimed land. The cities of Lacey and Tumwater border Olympia.

The region surrounding Olympia has a warm-summer Mediterranean climate, whereas the local microclimate has dry summers and cool July and August overnight lows. Most of western Washington’s weather is brought in by weather systems that form near the Aleutian Islands in Alaska. It contains cold moist air, which brings western Washington cold rain, cloudiness, and fog. November through January are Olympia’s rainiest months. City streets, creeks, and rivers can flood from November to February. The monthly mean temperature ranges from 38.4 °F in December to 64.1 °F in August. Seasonal snowfall for 1981–2010 averaged 10.8 inches but has historically ranged from trace amounts in 1991–92 to 81.5 in in 1968–69.

Employment

Olympia has an unemployment rate of 5.6%. The US average is 6.0%.

Olympia has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Transportation

Olympia Regional Airport is just south of Olympia in Tumwater. It is operated by the Port of Olympia and serves general aviation as well as corporate aviation. Amtrak provides service to Olympia-Lacey at Centennial Station. Amtrak train 11, the southbound Coast Starlight, departs Olympia at 11:19am with service to Centralia; Portland; Sacramento; Emeryville, California (with bus connection to San Francisco); and Los Angeles. Amtrak train 14, the northbound Coast Starlight, departs Olympia at 6:01pm daily with service to Tacoma and Seattle. Amtrak Cascades trains, operating as far north as Vancouver and as far south as Eugene, Oregon, serve Olympia-Lacey several times daily in both directions.

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