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2353 Hood Ave - 2353 Hood Ave Development Site 0.44 Acres of Residential Land Offered at $400,000 in Richland, WA 99354
INVESTMENT HIGHLIGHTS
- Expansion Opportunity for neighboring 31-unit Harper on Hood apartment complex
- Portfolio Opportunity in Landlord-Friendly Richland
- Highly Coveted, A+ Location with Strong Submarket Fundamentals
- Proposed Development of 6 Three-Bedroom Townhouses Averaging 1,500 SF
EXECUTIVE SUMMARY
Introducing 2353 Hood Avenue, a prime development site in Richland, WA, offering an excellent opportunity for a 6-unit townhome project. Located in the heart of Richland, this vacant parcel presents an expansion opportunity near the Harper on Hood apartment complex. Situated in a high-demand area with limited new supply, the property benefits from its coveted location between major highways and top-rated schools. The diverse tenant appeal includes young professionals, engineers, students, and families seeking convenient living options. With strong submarket fundamentals boasting high occupancy rates and increasing rental income potential, this property is a lucrative investment opportunity. Offered individually or as part of a portfolio, 2353 Hood Avenue is ready for development with approved plans for 6 three-bedroom townhomes. Don't miss out on this chance to capitalize on the booming real estate market in the engineering capital of the nation.
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $400,000 | Lot Size | 0.44 AC |
| Price Per AC | $909,090.91 |
| Price | $400,000 |
| Price Per AC | $909,090.91 |
| Lot Size | 0.44 AC |
1 1
PROPERTY TAXES
| Parcel Number | 126083030001005 | Improvements Assessment | $0 |
| Land Assessment | $124,130 | Total Assessment | $124,130 |
PROPERTY TAXES
Parcel Number
126083030001005
Land Assessment
$124,130
Improvements Assessment
$0
Total Assessment
$124,130
CONTACTS
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Chad Blenz -
Steven Chattin -
Beau Krueger -
Mitchell Belcher -
Jay Timpani -
Brandon Lawler -
Berkadia
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2353 Hood Ave - 2353 Hood Ave Development Site
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