Cedar North

• VALUE-ADD OPPORTUNITY: Capture upside through a combination of exterior refresh, interior touch-ups, and improved operations.
• PRIME RICHLAND LOCATION: Minutes away from major employers, centrally located, and great visibility from George Washington Way.
• RECENT CAPITAL IMPROVEMENTS: Recent major improvements include windows, siding, entry doors, and interior upgrades.
• SIZE & SCALE: 96 units affords full-time on-site leasing and maintenance, contributing to operational efficiency through scale.

Property Description

Located at 1621 George Washington Way in Richland, Cedar North has great visibility and immediate access to Kadlec and Hanford, two of the Tri-Cities' largest employers. In addition, the Richland market represents the highest income earners of the Tri-Cities and Cedar North is located to capture that market.Recent major improvements include windows, siding, entry doors, and interior refreshes that include entirely new cabinets, shower surrounds, fixtures, flooring, and more. Still, there is a clear path to upside by executing an exterior refresh and optimizing property operations.Cedar North consists of 96 units and a strong unit mix of 1-, 2-, and 3-bedroom units. The campus features high-impact amenities like a leasing office and community pool.