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Windermere Group One Main Office

490 Bradley Blvd Richland, WA, 99352
Office: 509-946-1188

Windermere Group One Southridge Office

3617 Plaza Way Suite A Kennewick, WA, 99338
Office: 509-737-1141

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  • Office 509-946-1188
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9 N Waverly, Kennewick, WA – $3,000,000

  • 1 Bed
  • 1 Bath
  • 22,284 Sqft
  • 15 DOM
  • 1 Bed
  • 1 Bath
  • 22,284 Sqft
  • 15 DOM

9 N Waverly

SEE PACKAGE IN DOCS WITH DETAILS • 36 Units • two three story buildings • 32 One bed one bath units • 4 One bed plus den, one bath units • 575 Average square feet per unit • Located close to all amenities • Golf course across the street • Wall A/C and baseboard heat. Rare opportunity to own an iconic 36 unit Kennewick apartment complex. With multi family occupancy rates at 97% in the Tri-Cities and 425 houses on the market as of July 2019 multi family apartments are a safe bet for any investor. The Dolphin Apartments have solid occupancy history and are centrally located in Kennewick WA within walking distance of all major amenities. Current rent roll produces $24,585/month NOI $206,687 Price point of $3,000,000 Actual Cap Rate 6.89% Priced at $83,333 per door.

Essential Information

  • MLS® #239131
  • Price$3,000,000
  • Bedrooms1
  • Bathrooms1.00
  • Square Footage22,284
  • Acres0.00
  • Year Built1952
  • TypeMulti-Family
  • Sub-TypeApartment Complex
  • StatusUnder Contract

Community Information

  • Address9 N Waverly
  • AreaBenton
  • SubdivisionVIEW RIDGE SUBD
  • CityKennewick
  • StateWA

Additional Information

  • Days on Market15
  • ZoningMULTI-FAMILY RE

Listing Details

  • OfficeSVN Retter & Company
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Price Change History for 9 N Waverly, Kennewick, WA (MLS® #239131)

Date Details Change
Status Changed from Active to Under Contract

SVN Retter & Company.

The data relating to real estate for sale on this website comes in part from the Tri Cities Association of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on September 15th, 2019 at 9:32pm PDT.