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1415 Carolina Ave 3 Unit Apartment Building $1,286,287 CAD ($428,762 CAD/Unit) 5.80% Cap Rate Richland, WA 99352
Investment Highlights
- Close to the River
- Easy Access to Freeway
- Centrally Located
Executive Summary
This is a NEW construction multi-family in a very desirable area just a couple blocks from the river. Each unit of this Tri-plex features 3 bedrooms, 2.5 bathrooms, and one car garages for each unit with large driveways for off street parking. Kitchen, living area, and powder bathroom on main level with 3 bedrooms, 2 bathrooms, and the laundry room upstairs. Lots of off-street parking and fully fenced back yards with turf for low maintenance.
Property Facts Under Contract
| Price | $1,286,287 CAD | Apartment Style | Townhome |
| Price Per Unit | $428,762 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.80% | Building Size | 3,945 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment |
| Price | $1,286,287 CAD |
| Price Per Unit | $428,762 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,945 SF |
| No. Stories | 2 |
| Year Built | 2025 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Wi-Fi
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 3 | $2,920 CAD | 1,315 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 130991030002030 | Improvements Assessment | $0 CAD |
| Land Assessment | $342,763 CAD | Total Assessment | $342,763 CAD |
Property Taxes
Parcel Number
130991030002030
Land Assessment
$342,763 CAD
Improvements Assessment
$0 CAD
Total Assessment
$342,763 CAD
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1415 Carolina Ave
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