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Rio Vida Apartments LLC To be Built 909 N 3rd Ave 774 SF 100% Leased Retail Building Pasco, WA 99301 $3,835,890 CAD ($4,955.93 CAD/SF)
Investment Highlights
- Convenient location
- 82 units, 990 SF, 2 bedrooms 2 bathrooms
- Build to suit
Executive Summary
Prime investment , 3.39 acres can be divided into 3 lots, Zoned R-4 multi-family,24.12 units per Acre, total of 82 buildable units with 990 square feet per unit,2 bedrooms, 2 bathrooms, LAND ENTITLED SHOVEL READY, existing building to be removed by seller prior to closing.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Building Size
774 SF
Building Class
C
Year Built
1965
Price
$3,835,890 CAD
Price Per SF
$4,955.93 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
3.41 AC
Zoning
R-4 Multifamily - Multifamily for H2A Farm Workers
Building permits available
Land Entitled
Shovel Ready
3.39 acres Can be divided into 3 lots
Permit ready
Frontage
340’ on 3rd Ave
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
14,020
47,274
122,035
2030 Population
14,492
49,062
126,903
2025-2030 Projected Population Growth
3.4%
3.8%
4.0%
Median Age
30.4
31.2
32.9
College Degree + Higher
7%
9%
17%
Daytime Employees
5,838
24,813
37,383
Total Businesses
618
2,072
3,845
Average Household Income
$61,919
$78,210
$89,238
Median Household Income
$46,944
$59,509
$70,676
Total Consumer Spending
$107.7M
$435.4M
$1.3B
2025 Households
3,939
14,170
39,856
Average Home Value
$287,827
$325,630
$401,678
$ values in USD
Nearby Major Retailers
Property Taxes
| Parcel Number | 112-023-042 | Improvements Assessment | $28,445 CAD |
| Land Assessment | $1,021,609 CAD | Total Assessment | $1,050,055 CAD |
Property Taxes
Parcel Number
112-023-042
Land Assessment
$1,021,609 CAD
Improvements Assessment
$28,445 CAD
Total Assessment
$1,050,055 CAD
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Rio Vida Apartments LLC To be Built | 909 N 3rd Ave
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