465 N Arthur St Kennewick, WA 99336
Recently renovated 80-unit multifamily property with immediate cash flow.
Lot size:
142,441.00 AcresProperty Features for 465 N Arthur St
General Information
- Standard status
- Active
- Lot size
- 142,441.00 Acres
Building Details
- Year built
- 1978
Source:
Crexi
Listing Agency: Berkadia Listing Agent: Chad Blenz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Multifamily Community in Kennewick
The Brix presents a multifamily community located in Kennewick, Washington. This recently renovated property features 80 units and offers immediate cash flow with long-term growth potential. Since 2023, the property has undergone significant renovations, including complete updates to each unit with new flooring and appliances. Select units also feature in-unit laundry. The swimming pool has been refinished, and the clubhouse has been redesigned to promote resident interaction. Investments have also been made in building exteriors, plumbing systems, and common areas. The property offers a mix of studio, one-, and two-bedroom apartments. Residents benefit from paying their own electricity, which minimizes utility recovery losses. The property is currently at full occupancy with minimal delinquency. Located between downtown Kennewick and the Columbia River, the property provides access to restaurants, entertainment, shopping, and the Tri-Cities wine country. The location attracts renters seeking modern living with access to outdoor recreation. Most competing properties in the area were built before 2000, with the average building dating back to 1980.
Location Intelligence
Current Use by Public Records
BRIX Apartments
Apartment Complex
Tanglewood Apartments - Office
Apartment Complex
OneWay Farm Productions
Photography Service
Tiffany Van Slyke ...
Wedding Service
Location Insight
- Map
- Local Demand
- City
- Kennewick
- County
- Benton
- State
- Washington
- Longitude
- -119.187859
- Latitude
- 46.214918
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FAQs
What type of property is this?
Apartment building - Recently renovated 80-unit multifamily property with immediate cash flow.
Where is this apartment building located?
The property is located at 465 N Arthur St Kennewick, WA.
What are key features of this property?
This property features: - Immediate cash flow and long-term upside in a rapidly growing Pacific Northwest market.; - Recently renovated with 80 units featuring new flooring, appliances, and in-unit laundry (in select units).; - Purchase price below current construction costs, providing an instant market advantage.
