Description
Located at 2105 Pullen St, Richland, WA 99354, The Carlyle presents a lucrative investment opportunity in the heart of Richland. This 25-unit garden-style community has undergone over $115,000 in recent capital improvements, elevating it to a competitive asset in the thriving Tri-Cities rental market. Featuring renovated unit interiors with modern finishes, new roofing, fresh exterior paint, and abundant parking, The Carlyle offers a turnkey investment with a 5.83% cap rate and high tenant retention. With three units ready for rent increases and a potential basement conversion, this property provides immediate cash flow and room for added value. Investors looking for stable income and growth potential will find The Carlyle an attractive opportunity, whether as a standalone purchase or part