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313 S Johnson St
Kennewick, WA 99336
Cambridge Station · Multifamily Property For Sale
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20 Units
Investment Highlights
- Twenty Unit Value-Add Asset in Kennewick, Washington, the Fastest Growing Region in the State: Projected Further Household Growth of 8.5% by 2026
- Generous Amenities Include W/D Hookups, Brand New Private Balconies for Upper Units and Patios For Lowers, Mature Landscaped Yard, Off-Street Parking
- Highly Diverse Employment Base: Significant Industries Include R&D, Technology, Agriculture, Retail, Manufacturing, and Healthcare
- Strong Upside: Rents Roughly 20.3% Below Market, with Competing Properties Having Inferior Unit Sizes and Amenities
- Complex is Located on a Quiet Cul-de-sac; Two Blocks from Safeway, REI & Rite Aid-anchored Commercial Centers
Property Facts
| No. Units | 20 | Lot Size | 1.22 AC |
| Property Type | Multifamily | Building Size | 20,460 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1978/2023 |
| Building Class | C | ||
| Zoning | RM-4 - Multi-Family | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 20,460 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2023 |
| Zoning | RM-4 - Multi-Family |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Kitchen
- Tub/Shower
- Carpet
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 20 | - | 1,100 |
Property Taxes
| Parcel Number | 103891100000020 | Improvements Assessment | $2,272,880 |
| Land Assessment | $280,600 | Total Assessment | $2,553,480 |
Property Taxes
Parcel Number
103891100000020
Land Assessment
$280,600
Improvements Assessment
$2,272,880
Total Assessment
$2,553,480
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