2565 Sunray Ave Richland, WA 99352 – Badger Mountain South Townhomes

2565, Sunray Ave, Richland, WA  99352

For Sale

Type
For Sale / Multi Family

Badger Mountain South Townhomes (Status: Available) 8290000

2565, Sunray Ave, Richland, WA  99352

The opportunity comprises 16 new construction townhome units consisting of eight contiguous “duplex” buildings. Located in the Badger Mountain South community in Richland, WA. One of the fastest growing developments in the Tri-Cities area. The total price for all units = $8,290,000. The units are to-be-built. The estimated timeline and take-down schedule is in the Offering Memorandum. The Buyer is expected to close on each unit / building as they finish. This is a HARD BID with no risk to the buyer for cost over-runs. The builder requires a $15,000 non-refundable deposit per unit prior to construction.The untrended pro forma cap rate based on today’s rents is 4.5% (see Pro Forma). Rents are expected to increase during the build time. Each unit will reside on its own tax parcel and can be

Listing Details

Asset Class: Multi-Family
Year Built:
Building Total Square Feet: 32528
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 32
Local Zoning Information:

CBA

Listing Courtesy of: Lybbert Fielding Real Estate

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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