5801 Road 92
5801 Road 92, Pasco, WA 99301 · Franklin County
$8,950,000
$10,650,000
Price / SF
$221
Of gross building area
Building
40,572 SF
Land
1.91 acres
Listing courtesy of Lybbert Fielding Real Estate
About this property
MLS# 297209. PRICE IMPROVEMENT. Asking Price: $8,950,000. Cap Rate: 6.12%. Vintage Park is a turnkey, stabilized 28-unit multifamily investment property in the growing Tri-Cities market. Built in 2024, the property consists of seven fourplex buildings featuring spacious, two-story townhomes, each offering 3 bedrooms, 2.5 bathrooms, 1,449 finished square feet, and an attached garage. Each residence features modern finishes, private laundry, a fenced backyard, and dedicated parking. The property offers four parking spaces per unit and has demonstrated strong rental demand, with a trailing 12-month vacancy rate of just 2.6%. Conveniently located in West Pasco near shopping, dining, schools, and major transportation corridors, Vintage Park is also just 0.7 miles from the planned 1,200-acre Broadmoor mixed-use development. With newer construction, strong occupancy, established property management, and minimal deferred maintenance, Vintage Park offers investors immediate cash flow and long-term growth potential. Seller is a licensed real estate broker in Washington State.
Location
MLS #297209Updated Listing information is provided courtesy of Pacific Regional MLS. Information is deemed reliable but not guaranteed and should be independently verified.