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16 Townhomes Sunray Ave

Richland, WA 99352
  • $8,290,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 259833
UPDATED: 36 min ago
$8,290,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,033
    SQFT
  • $4,078
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:
Area:

School Ratings & Info

School District:

Description

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.

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© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Phipps Team | eXp Realty. Data last updated: 2022-05-22T22:39:38.477.
www.509realestate.com/homes/126563476
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16 Townhomes Sunray Ave Richland, WA 99352

  • Price: $8,290,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 36 min ago
  • MLS #: 259833
3
Beds
2
Baths
0
½ Baths
N/A
Acres
2,033
SQFT
$4,078
$/SQFT
2022
Built
Neighborhood:
Richland South
County:
Benton
Area:
Richland
School District:
Richland
Property Description
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.
Exterior Features

Garage Parking AttachedGarage-2 Car Garage Per Unit Two-Car Garage Type Garage Irrigation System Ugs Timed Irrigation Water Source Badger Mt Irrigation Dist

Interior Features

Air Conditioning Central Air Appliances DishwasherDryerGarbage DisposalMicrowave OvenRange/OvenRefrigeratorWasher Heating System Forced Air Sq Ft Finished 2033

Property Features

Agreements Cc&Amp;R Annual Taxes Tbd Auction No Bank Owned No For Sale Or Rent For Sale HUD No Multifamily Type Other Possession Closing Subdivision West Village Tax Year 2022 Utilities Appl-ElectricAppl-GasElectricGas Water Sewer Public WaterSewer Connected Zoning Type Residential

Listing provided courtesy of Lybbert Fielding Real Estate. © 2022 Multiple Listing Service of Pacific Regional Multiple Listing Service.


© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Phipps Team | eXp Realty. Data last updated: 2022-05-22T22:39:38.477.
 
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4310 W 24th Ave, Suite 240
Kennewick WA, 99338