16 Townhomes Sunray Ave, Richland, WA

$8,290,000

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3

Beds

2

Baths

2,033

Square feet

About 16 Townhomes Sunray Ave

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 today’s 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.

Features of 16 Townhomes Sunray Ave

MLS® # 259833
Price $8,290,000
Bedrooms 3
Bathrooms 2.00
Square Footage 2,033
Acres 0.00
Year Built 2022
Type Multi-Family
Sub-Type Other
Status Active

Community Information

Address 16 Townhomes Sunray Ave
Area Benton
Subdivision WEST VILLAGE
City Richland
State WA
Zip Code 99352

Amenities

Utilities Appl-Electric, Appl-Gas, Electric, Gas
Parking Attached, Garage-2 Car
# of Garages 2
Garages Attached, Garage-2 Car
Is Waterfront No

Interior

Appliances Dishwasher, Dryer, Garbage Disposal, Microwave Oven, Range/Oven, Refrigerator, Washer
Heating Forced Air
Fireplace No

School Information

District RICHLAND

Additional Information

Days on Market 67
Zoning Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLybbert Fielding Real Estate

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