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$8,290,000
16 Townhomes Sunray Ave, Richland, WA 99352
3 Beds
2 Baths
2,033 SqFt

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MLS# 259833 The opportunity comprises 16 new construction townhome units consisting of eight contiguous duplex buildings built by Brett Lott Homes. Located in the Badger Mountain South community in Richland, WA. One of the fastest growing developments in the Tri-Cities area. The total price for all units = $8,290,000. This is a HARD BID with no risk to the buyer for cost over-runs. The units are to-be-built (see Construction and Take-Down Schedule). THE BUILDER IS WILLING TO SELL FEWER UNITS AS WELL, depending on Buyer's needs. The builder requires a $15,000 non-refundable deposit per unit prior to construction. The untrended pro forma cap rate based on todays rents is 4.5% (see Pro Forma). Rents are expected to increase during the build time. Each unit will reside on its own tax parcel and can be sold separately. All units are the same floor plan: 2033 SF, single story, 3 bed, 2 bath, two car garage. Features include: 10 ceilings in the hallway and family / dining, oversized 26 deep two car garage, large pantry with lots of shelving, large laundry, two separate living areas, mud room off of the garage, quartz countertops in the kitchen and main bath, and a covered back patio. The units are separated by insulated double walls with a gap in between, which provides excellent sound protection. Units are turn-key and rent-ready, with all appliances included (including fridge and washer / dryer), window blinds, and full landscaping. There is a $30 / month HOA per unit that covers common area landscaping. The community has walking / bike baths, and the City will be installing a 30 acre park just to the north of Bella Coola Ln.
  • Price:
  • $8,290,000
  • Bedrooms:
  • 3
  • Square Footage:
  • 2,033
  • Year Built:
  • 2022
  • Listing ID #:
  • 259833
  • Street Address:
  • 16 Townhomes Sunray Ave
  • City:
  • Richland
  • State:
  • Washington
  • Postal Code:
  • 99352
  • County:
  • Benton
  • Subarea:
  • Richland South
  • Subdivision:
  • West Village
  • Listing Status:
  • Active
  • Listing Type:
  • MULTI-FAMILY
School District: Richland
  • Finished Square Feet:
  • 2033
  • Number Of Units:
  • 16
  • Total Building Square Footage:
  • 2033
  • Year Built:
  • 2022
  • Conforms To Zoning:
  • Residential
  • Days On Market:
  • 109
  • For Sale Or Lease?:
  • For Sale
  • Originating Mls:
  • Tri City
  • Price Per Square Foot:
  • 4077.72
  • Property Taxes:
  • $0
  • Tax Year:
  • 2022
  • Garage Description:
  • Garage
  • Parking Description:
  • Attached, Garage-2 Car
  • Appliances:
  • Dishwasher, Dryer, Garbage Disposal, Microwave Oven, Range/Oven, Refrigerator, Washer
  • Cooling System:
  • Central Air
  • Heating:
  • Forced Air
  • Water/Sewage:
  • Public Water, Sewer Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Cody Fielding of Lybbert Fielding Real Estate