Bella Rose Townhomes presents a rare investment opportunity in Centralia, Washington. This new construction, nine-unit townhome complex offers luxury living in an area with high demand and limited new development. With a low vacancy rate of 1.4% in Centralia, Bella Rose Townhomes is well-positioned to attract stable, long-term tenants seeking quality rental options. THE PROPERTY Bella Rose Townhomes, located at 3005 Russell Rd in Centralia, is a new construction development completed in 2024. The complex consists of nine spacious, luxury townhomes, each 1,780 square feet, featuring three bedrooms, two and a half bathrooms, and modern amenities. Each unit is equipped with a stainless-steel appliance suite, including a dishwasher and built-in microwave, washer/dryer hookups, and a private garage. The professionally landscaped property offers ample parking for residents, and tenants pay a flat rate of $125 for utilities while being individually billed for electricity. Units are currently leasing for $2,250 per month, aligning with the property’s upscale amenities and spacious layouts. THE NEIGHBORHOOD Centralia, a historic railroad town, has evolved into a vibrant community with a growing demand for housing. Located midway between major Northwest cities, Centralia became a shopping destination with the establishment of the Northwest’s first factory outlet center in 1988. The vintage downtown has since developed into a unique marketplace featuring antique shops, art galleries, and specialty stores, drawing both residents and tourists alike. Centralia’s proximity to major cities, combined with a small-town charm and an increasing influx of visitors, adds to the area’s appeal for tenants.