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Underwood Pl, Kennewick, Washington 99336

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Property Description

MLS# 276397. Sale is pending but likely to fall out of contract. The sale includes 16 BRAND NEW duplex buildings for a total of 32 UNITS. This is a bundle sale. All buildings are currently under construction and will be completed in Jan / Feb 2025. 6.3% cap rate based on pro forma from a regional property manager. Sale includes: front and back landscaping, fencing on sides and back of all units, full appliance package (range oven, dishwasher, microwave, refrigerator, washer, dryer, water heater), blinds, and granite or quartz countertops in the kitchen. These included improvements make the properties truly TURNKEY. Each duplex will reside on its own parcel and as such can be sold independently at a future point. 26 units are 3 bed. 5 units are 4 bed. 1 unit is 2 bed (with 2 en suites). All units are two-story with 2.5 baths, two-car garage, dedicated two-car driveway, and a private fenced yard. Great opportunity to invest in beautiful new units in a fast-growing metro.

Basic Details
Property Type : Other
Listing Type : For Sale
Listing ID : 276397
Price : $10,685,255
Year Built : 2024
Lot Area : 2.80 Acre
Status : Active
Days On Market : 64
Address Map
Country : US
State : WA
County : Benton
City : Kennewick
Zipcode : 99336
Street : Underwood Pl
Postal Code : 99336
Floor Number : 0
Longitude : W120° 51' 10.3''
Latitude : N46° 11' 52''
MLS Addon
Asking Price : 10685300
Address Number : NKA
Headline : 32 Brand New Units (16 Duplexes)
Listing Office 1 : 170
Original Price : 10653900
Photo Count : 15
Address : NKA S Underwood Pl
Listing Type : Exclusive Right
Subdivision : Other
School District : Kennewick
Annual Taxes : TBD
Tax Year : 2024
Other For Sale
  • Listing ID : 276397
  • Lot Area : 2.80 Acre
$10,685,255
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