1929 W 10th Ave - Apartments FOR SALE


Kennewick, WA 99336
$10,685,255 USD
509-492-8611
1929 W 10th Ave, Kennewick, WA for Sale
$10,685,255 USD
Apartments - FOR SALE
1/11
null | 6.32% Cap Rate

1929 W 10th Ave
Kennewick, WA 99336


HIGHLIGHTS

  • Brand new units
  • Growing market

OVERVIEW

Contact LA with questions.The sale includes 16 BRAND NEW duplex buildings for a total of 32 UNITS. This is a bundle sale. All buildings are currently under construction and will be completed in Jan / Feb 2025. 6.3% cap rate based on pro forma from a regional property manager. Sale includes: front and back landscaping, fencing on sides and back of all units, full appliance package (range oven, dishwasher, microwave, refrigerator, washer, dryer, water heater), blinds, and granite or quartz countertops in the kitchen. These included improvements make the properties truly TURNKEY. Each duplex will reside on its own parcel and as such can be sold independently at a future point. 25 units are 3 bed. 6 units are 4 bed. 1 unit is 2 bed (with 2 en suites). All units are two-story with 2.5 baths, garage, dedicated two-car driveway, and a private fenced yard. Great opportunity to invest in beautiful new units in a fast-growing metro.

FOR SALE DETAILS

PRICE

$10,685,255 USD

PRICE/SF

$254 USD /SF

# OF UNITS

32

PRICE/UNIT

$333,914

CAP RATE

6.32%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peach Farm

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

-

APN/PARCEL ID

111891020006006

ASK ABOUT THIS PROPERTY

Cody FieldingLybbert Fielding Real EstateMore Info
509-492-8611

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Cody FieldingLybbert Fielding Real EstateMore Info
509-492-8611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.