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Newly Built Multifamily Building
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1156 Columbia Park Trail, Richland, WA 99352

24-unit apartment community built in 2022, fully leased and professionally managed.

Property SizeContact for details
Days on Market121

Property Features for 1156 Columbia Park Trail

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 24

Building Details

Year Built 2022
Listing Agency: Paragon Group
Listed By: Mason Fiascone · License #20115181
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paragon Group

Investment Insights

Based on property information with market context.

Vertisee Heights Apartments is a 24-unit apartment community built in 2022. The property features a unit mix that includes 1-bedroom units and two-story 2-bedroom, 2-bath townhome-style units with vaulted ceilings. The building is described as having high-end finishes and is reported to be fully leased and stabilized with professional management in place.

The property is positioned along the Columbia River in Richland, WA, and the community is described as having attracted long-term tenant occupancy. More documents, including a rent roll and trailing financials, are available through the property website.

Prospective buyers and brokers can review the available leasing and financial documentation to evaluate the current stabilized operations and unit configuration.

Key Highlights

  • Vertisee Heights Apartments is a 24‑unit apartment community built in 2022
  • Fully leased and stabilized with professional management in place
  • Unit mix includes 1‑bedroom units and 2‑story 2‑bedroom/2‑bath townhome‑style units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 24-unit apartment community built in 2022, fully leased and professionally managed.
Where is this apartment building located?
The property is located at 1156 Columbia Park Trail Richland, WA.
What are key features of this property?
This property features: Vertisee Heights Apartments is a 24‑unit apartment community built in 2022; Fully leased and stabilized with professional management in place; Unit mix includes 1‑bedroom units and 2‑story 2‑bedroom/2‑bath townhome‑style units
(509) 221-9354 Call to check price and availability
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