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1415 Carolina Ave 3 Unit Apartment Building Offered at $925,000 at a 5.80% Cap Rate Richland, WA 99352
Investment Highlights
- Close to the River
- Easy Access to Freeway
- Centrally Located
Executive Summary
New construction multi-family in a very desirable area just a couple blocks from the river. Each unit of this Tri-plex features 3 bedrooms, 2.5 bathrooms, and one car garages for each unit with large driveways for off street parking. Kitchen, living area, and powder bathroom on main level with 3 bedrooms, 2 bathrooms, and the laundry room upstairs. Lots of off-street parking and fully fenced back yards with turf for low maintenance.
Property Facts
| Price | $925,000 | Property Type | |
| Price Per Unit | $308,333 | Apartment Style | Townhome |
| Sale Type | Investment | Building Size | 3,945 SF |
| Cap Rate | 5.80% | No. Stories | 2 |
| No. Units | 3 | Year Built | 2025 |
| Price | $925,000 |
| Price Per Unit | $308,333 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 3 |
| Property Type | |
| Apartment Style | Townhome |
| Building Size | 3,945 SF |
| No. Stories | 2 |
| Year Built | 2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 3 | $2,100 | 1,315 |
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1415 Carolina Ave
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