View
1
Download
0
Category
Preview:
Citation preview
Tri-Cities, Washington Apartment Rental Survey
May 2014
Prepared by:
EverStar Realty 1920 N. Pittsburgh St, Suite A
Kennewick, WA 99336 509.735.4042
© 2014, EverStar Realty Self published info@EverStarRealty.com ALL RIGHTS RESERVED. This material is protected under International and Federal Copyright Laws and Treaties. Any unauthorized reprint or use of this material is prohibited. No part of this material may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system without express written permission from the publisher.
June 4, 2014 Enclosed you will find the Spring 2014 Apartment Rental Survey for the Tri-Cities area. EverStar Realty is pleased to be resuming the survey, and we will be conducting it twice a year in the Spring and Fall. The last market wide survey was published in September 2011, so you will notice a gap in the data. The information in the survey was gathered by calling each property. In the instances in which we were not able to make direct contact with a property, we gathered information from property websites. The occupancy rates for Spring 2014 are: Kennewick 94% Pasco 95% Richland 92% Please feel free to contact me, by phone or email, if you have any questions or suggestions regarding the survey. Thank you to all property personnel who participated. Thank you, Amy Schwantes Portfolio Manager, Multi-family Properties EverStar Realty amy@everstarrealty.com
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99301 509.735.4042
Apartment Rental SurveyMay 2014
Kennewick, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoRed Pines722 N. Arthur St. #B102Kennewick, WA 3 $785 $825 1200 $0.65 $0.69 $199
$25
Aspen Hills 1 25 $550 500 $1.10 $350
1330 W. 10th 2 82 $750 $775 1000 $0.75 $0.78 $400
Kennewick, WA 3 29 $850 $950 1200 1350 $0.71 $0.70 $450
$35
Crown Village 1 48 $495 590 $0.84
315 N. Volland 2 40 $595 890 $0.67 $300
Kennewick, WA$32
Peppertree Village 1 6 $595 $610 750 $0.79 $0.81
507 N. Arthur St 2 54 $675 $700 860 $0.78 $0.81 $350
Kennewick, WA$35
Central Park Apts 1 48 $575 500 $1.15
505‐605 S. Olympia 2 88 $705 $755 700 $1.01 $1.08 $199
Kennewick, WA 3 52 $775 $815 900 $0.86 $0.91
$25
Lakeside 1 24 $625 964 $0.65
5100 W. Clearwater Av 2 72 $725 1086 $0.67 $300
Kennewick, WA 3 24 $825 1174 $0.70
$39
Phoenix Manor 2 80 $685 $735 898 1140 $0.76 $0.64 $300
425 S. Olympia 3 16 $825 $850 1400 $0.59 $0.61 $300
Kennewick, WA
Tradewinds 1 9 $575 860 $0.67
1548 N. Edison 2 36 $650 1050 $0.62 $400
Kennewick, WA 3 8 $800 1215 $0.66
$35
No specials
X X XFree mo w/1 mo lease; $200 pet fee; up to 35 lbs
88 1973 98% X X X X X X X B Wa
136 1973 96% X X X X X X B‐ball CC & Wa
X
X 1/2 mo free rent40 1972 97% X X X X B Wa X
BDRM# of Unit
Monthly Rent Range
Low High
Square Feet Range Low High
X X X
X X X
Year Built
1974 97%
1974 NA
% Occ.
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
Amenities
Total Units
188
120
60
X X X
X XBball & tenn
B Wa X X 1/2 mo free rent
X X B Wa X No specials
96 1974 100% X X X X X X XPlay‐grnd
C C X X X X$200 pet fee; cats only
1973 90% X X X X X X X X X6 mo lease‐1/2 mo free; $300
pet fee; cats onlyX C C
Wa X X X $250 pet depBXXXXXX93%197453
Kennewick Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
2 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99301 509.735.4042
Apartment Rental SurveyMay 2014
Kennewick, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoCedars 1 16 $600 $620 660 $0.91 $0.94
3400 W. 1st Place #4 2 18 $725 915 $0.79 $250
Kennewick, WA 3 2 $825 1100 $0.75
$35
Kamiakin 1 212 $565 $600 560 $1.01 $1.07 $300
4711 W. Metaline 2 32 $675 $875 780 880 $0.87 $1.12 $1,000
Kennewick, WA 3 1 $1,000 1200 $0.83
Woodland Green 1 16 $650 660 $0.98
130 S. Conway Place 2 16 $750 850 $0.88 $300
Kennewick, WA 3 16 $850 1150 $0.74
$30
Amberbrook5207 W. Hildebrand Blv 2 72 $700 $725 942 $0.74 $0.77 $250
Kennewick, WA$35
Hawaiian Village 1 64 $599 $625 578 $1.04 $1.08
1105 W. 10th Ave 2 128 $699 $725 782 $0.89 $0.93 $200
Kennewick, WA
$35
Avalon Court 1 1 $575 $595 550 $1.05 $1.08 $250
801 N. Tweedt 2 24 $625 $650 907 $0.69 $0.72 $250
Kennewick, WA 3 7 $725 $750 1066 $0.68 $0.70 $250
$35
Sunrise Villas200 S. Union 2 32 $750 $795 860 $0.87 $0.92 $250
Kennewick, WA$35
Wendover 1 24 $625 $635 758 $0.82 $0.84
500 N. Volland 2 40 $700 $735 858 $0.82 $0.86 $250
Kennewick, WA 3 12 $850 1158 $0.73
$35
$200 pet fee; cats only
72 1976 97% X X X X X X C C
X X X$200 pet fee; cats only
CX X
X X X
1976 X X X
96%
X X X
Year Built
X X
C C
X
1975 B
C
X X
X X X
BX
$200 pet fee; cats only
X
X
$300 pet feeWa
C
Wa
$200 pet fee; cats only
X X97%
96%
97%
1975 100%
X X X X X X
32
48
32
76
36
Total Units
1976 100% X
192 1976
1976 X
X
Look & lease $49 dep; $200 off 1st month rent; $300 pet fee,
$10/mo pet rent
XX
X X C C2 & 3 Brm
X X
$70
X X$200 pet fee; cats only
X
X X
C
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range Low High
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
Amenities
X X X
Security deps on sliding scale;
$300 pet fee; up to 20 lbs; 8 new units in 2014
Wa2451975 &
2014 94% X X X X X X X B
Kennewick Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
3 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99301 509.735.4042
Apartment Rental SurveyMay 2014
Kennewick, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoClearwater Bay 1 14 $775 984 $0.79
5225 W. Clearwater Av 2 42 $875 1162 $0.75 100 ref
Kennewick, WA 3 14 $1,090 1291 $0.84 200 nr
$35
Spring Meadows 1 40 $635 640 $0.99
600 S. Kent 2 40 $775 850 $0.91 $199
Kennewick, WA$25
Woodland Park 1 24 $595 680 $0.88 $199
601 S. Kent 2 57 $705 880 $0.80 $199
Kennewick, WA 3 23 $785 1080 $0.73 $250
$25
Cambridge Station3216 W. 4th Ave 2 56 $675 $700 1100 $0.61 $0.64 $500
Kennewick, WA$35
Clearwater Square Stud. 84 $545 $595 505 $1.08 $1.18 $500
5031 W. Clearwater Av 1 48 $645 $695 625 $1.03 $1.11 $750
Kennewick, WA 2 43 $745 $795 750 $0.99 $1.06 $1,000
$41
Village at Grandridge 1 148 $580 $660 650 725 $0.89 $0.91 $300
425 N. Columbia Ctr Blv 2 66 $710 $810 970 1058 $0.73 $0.77 $300
Kennewick, WA$35
Village at Volland 1 24 $565 750 $0.75
4302 W. Hood 2 64 $620 $695 850 1150 $0.73 $0.60 $350
Kennewick, WA$35
Highlander 1 76 $625 $655 610 $1.02 $1.07
3030 W. 4th Ave 2 120 $725 $775 949 $0.76 $0.82 $200
Kennewick, WA$35
13 mo lease ‐$199 dep, 1/2 off first month's
rent
Wa1977
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range Low High
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
X No specials
X$300 pet fee; 1 pet max; up to
20 lbs1978 X X C
X B Wa
95% X X X X
Year Built
X XX X X
X X XX
96% X X X X X X
X XWa X
X
Amenities
X X X X
X
X X98%
94%
1978 96%
B
X
56
104
175
Total Units
80 1977
196 1979
214 1978
X
X B
C
X
B Wa
$87.50 bond per cat; Sec deps on graded scale
from $500‐$1K
X
X XLeasing special is $200 gift card; $300 pet fee
X B Wa
100% X X X X X X X X C C X X X$300 pet fee; up
to 40 lbs
88 1978 90% X X X X X X C C X X$300 pet fee; cats only
70 1977 93% X X X X X X
1 bdrm $699; 2 bdrm $799; look & lease, no dep; $300 pet fee; up
to 25 lbs
Kennewick Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
4 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99301 509.735.4042
Apartment Rental SurveyMay 2014
Kennewick, WA
APARTMENT NAMEADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio Pets
Specials & Additional Info
Irving Place 1 72 $570 $595 760 $0.75 $0.78
100 N. Irving Place 2 52 $645 $670 860 $0.75 $0.78 $350
Kennewick, WA 3 12 $825 1120 $0.74
$35
Tanglewood Stud. 12 $510 575 $0.89
365 N. Arthur 1 40 $560 675 $0.83 $475
Kennewick, WA 2 28 $650 860 $0.76
$35
Desert Brook 1 24 $582 $602 668 $0.87 $0.90 150 fee
3703 W. Kennewick Ave 2 86 $684 $728 896 $0.76 $0.81 150 dep
Kennewick, WA$35
On the Boulevard 1 48 $675 $775 714 875 $0.95 $0.89
9202 Gage Blvd 2 122 $775 $825 1013 1090 $0.77 $0.76 $250
Kennewick, WA 3 32 $975 1306 $0.75 $0.00
$35
Crosspointe 1 40 $755 900 $0.84
7803 W. Deschutes 2 120 $855 $895 1000 1100 $0.86 $0.81 $200
Kennewick, WA 3 40 $1,065 1300 $0.82
$35
La Serena@Hansen Prk 1 120 $819 $884 658 822 $1.24 $1.08
7701 W. 4th Ave 2 92 $994 $1,024 967 1130 $1.03 $0.91 $200
Kennewick, WA212 $35
Center Pointe Stud. 8 $675 $750 560 $1.21 $1.34
460 N. Arthur Street 1 26 $727 $857 756 762 $0.96 $1.12 $300
Kennewick, WA 2 92 $770 $871 902 939 $0.85 $0.93
3 8 $1,200 1127 $1.06 $39
Year Built
% Occ. BDRM
No specialsWi
X $300 pet fee
$300 fee cats; $400 fee dogs; up to 25 lbs
C X $25 X
X X
X X X
X X X B X
X X98% X X X$200 pet fee; up
to 50 lbsC X X $75 $15
X X X
X X X X X
X
X X X
C C X X
X
Total Units
80
234
134
1995 &
2011X
98% X1979
X X X
# of Unit
Monthly Rent Range
Low High
Square Feet Range Low High
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
Amenities
X X
$300 pet fee; $100 for
additional pets; up to 50 lbs
200 1996 96%
Flat Rate ‐ $25 for 1 bdrms; $35 for w bdrms; $45 for
3 bdrms
$300 pet fee; $10/mo pet
rent; up to 100 lbs; tanning bed & basketball
C
212 2003 99% X X X X X X X X C C X $75 $15
C C X $100 $25
2004 97% X X X
110 1995 98%
136 1979 96% X X X X X X
6 mo. lease special ‐ 1/2 off 2nd month's rent; $300 pet
deposit
X C C
X X
Kennewick Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
5 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014Pasco, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional Info
Four‐Ten 1 22 $525 650 912 $0.81 $0.58
1907 W. Jay St 2 38 $625 1020 1024 $0.61 $0.61 $200
Pasco, WA
$35
Pinecrest Apts 1 10 $534 630 $0.85 $250
2209 W. Jay St 2 40 $637 720 $0.88 $300
Pasco, WA 3 4 $715 1035 $0.69 $350
$32
Sunset Stud. 42 $450 448 $1.00
2200 W. Shoshone 1 42 $550 538 $1.02 $400
Pasco, WA 2 30 $650 802 $0.81
3 6 $750 1126 $0.67 $35
Carjo 1 20 $550 655 $0.84 $400
2524 W. Sylvester 2 17 $650 811 $0.80 $400
Pasco, WA 3 7 $750 1022 $0.73 $500
Columbia Court
1712 N. 24th 2 132 $685 980 $0.70 $350
Pasco, WA 3 28 $800 1210 $0.66
$40
Americana Stud. 36 $470 460 $1.02
500 N. 24th 1 60 $570 635 $0.90 $400
Pasco, WA 2 32 $670 835 $0.80
$35
Carriage Square 1 40 $525 600 $0.88
1327 N. 24th 2 20 $630 825 875 $0.76 $0.72 $300
Pasco, WA
$45
Legacy Square Apts Stud. 28 $425 440 $0.97 $400
1300 N. 24th 1 28 $525 528 $0.99 $525
Pasco, WA 2 20 $625 825 $0.76 $625
3 4 $725 1185 $0.61 $725
X
X$300 pet fee; up
to 22 lbsB WaX
No specials
X
Xcats only
$400 pet depB Wa
B Wa
XC Wi
X
No specials
X
X X
X X$400 pet fee; up
to 30lbs
1972 98% X X X
X X X
X X X
Monthly Rent Range
Low High
1978
1976
Utilities incl. in rent
X
Year Built BDRM
# of Unit
Square Feet Range
Low High
Rent per SF Range
Low High
X
Security Deposit & App Fee
Amenities
XX
1979 98% X X X
% Occ.
91%
99%
X
1979 95% X X X
X X X
B Wa1961 97% X X X X X No specials
1971 96% X X X X B Wa X$400 pet fee; up
to 25 lbs
1976 93% X X X X X XB‐
BALLB Wa
X X B Wa X X X$200 pet dep; up
to 25 lbs;
Total Units
60
54
120
44
160
128
60
80
Pasco Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
6 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014Pasco, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional Info
Broadmoor Apts 1 108 $755 $800 756 836 $1.00 $0.96
10305 Chapel Hill Blvd 2 126 $910 $930 1085 1097 $0.84 $0.85 $49
Pasco, WA 3 18 $1,110 1225 $0.91
$35
Stone Gate Apts 1 32 $700 690 $1.01
6102 Road 68 2 126 $750 889 $0.84 $250
Pasco, WA 3 42 $890 1125 $0.79
$30
Villages at Chapel Hill
6305 Chapel Hill Blvd 2 52 $695 $825 968 983 $0.72 $0.84 $600
Pasco, WA 3 32 $895 $1,000 1262 $0.71
$35
Crossings @ Chapel Hill 1 96 $775 $870 904 1052 $0.86 $0.83 $200
6626 Chapel Hill Blvd 2 72 $900 $1,125 1164 1378 $0.77 $0.82 $250
Pasco, WA 3 84 $1,030 $1,300 1386 1478 $0.74 $0.88 $300
48
Navigator Villas
6212 Road 68 2 176 $925 $1,050 964 969 $0.96 $1.09 $99
Pasco, WA
$40
Studios $400 $470 95%
One Bedrooms $525 $870
Two Bedrooms $625 $1,125 **Pet deposit may be refundable if there is no pet damage. Pet fee is strictly non‐refundable
Three Bedrooms $715 $1,300 ***Tax credit properties are not included in this survey.
C X X $50 $20
C C X
$25 X
$99 dep special; $200 off rent if lease same day; 1 mo free select flrplans; $300 pet dep; $30/mo pet
rent
C C X $85‐$120
2006 &
2012
2013
2004
2004
56% X
X X
X
X X X
XX X X X X
X
X
91%
92%
95%
X
X
X C C X
X X
X
2 bdrm ‐(1/2mo free w/6 mo; 1 mo free w/12 mo; $300 pet fee; up to 25 lbs
B Wa $65X
X X
449
722
Xcats only
*Based on information received in telephone survey performed in May 2014 by EverStar Realty. The information contained herein has been obtained from sources we deem reliable. However, we do not guarantee its accuracy.
Free mo rent on certain units; $300 pet fee;
$15/mo pet rent
$300 pet fee; up to 22 lbs
C
Utilities incl. in rent
Amenities
X
X X
X
X X
252
200
300
176
Total Units
Occ. % AvgRent Range
Year Built
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range
Low High
Rent Avg SF Avg Rent/Sq. Ft. Avg
Rent per SF Range
Low High
Security Deposit & App Fee
X X
104 2005 94%
X
X XSpecial ‐ $250 up to half mo free; $250 pet dep
$448
$640
$784
$906
X X X X X X
957
1205
$1.00
$0.89
$0.80
$0.74
Pasco Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
7 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014
Richland, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoTwin Dolphins Stud. 3 $575 426 $1.35 $400
160 Van Giesen 1 24 $600 636 700 $0.94 $0.86 $800
Richland, WA 2 12 $725 780 850 $0.93 $0.85
$41
Jadwin Stevens 1 88 $600 $640 630 711 $0.95 $0.90
1851 Stevens Drive 2 42 $700 $730 870 1,000 $0.80 $0.73 $200
Richland, WA 3 2 $900 1,326 $0.68
Westview Garden 1 3 $625 $650 750 $0.83 $0.87
531 S. 38th Avenue 2 90 $725 $795 850 $0.85 $0.94 $400
West Richland, WA 3 2 $795 NA
Maple Ridge 1 48 $600 631 775 $0.95 $0.77
69 Jadwin Avenue 2 88 $715 831 990 $0.86 $0.72 $69
Richland, WA 3 44 $820 1,081 1,130 $0.76 $0.73
$35
Illahee2500 Geo. Wash. Way 2 65 $725 950 $0.76 $200
Richland, WA 3 18 $775 1,070 $0.72
North Trace Apts.200 Waldron 2 62 $625 $695 675 $0.93 $1.03 $250
Richland, WA$35
Water's Edge 1 30 $550 $600 570 680 $0.96 $0.88
1876 Fowler Street 2 18 $625 $725 980 1,080 $0.64 $0.67 $400
Richland, WA 3 6 $825 $850 1,445 $0.57 $0.59
$35
El Dorado777 McMurray 2 31 $800 $850 900 1,200 $0.89 $0.71 $400
Richland, WA 3 13 $900 $950 1,050 1,350 $0.86 $0.70 $500
Year Built BDRM
# of Unit
Security Deposit & App Fee
CX X X
Monthly Rent Range
Low High%
Occ.
Square Feet Range
Low High
Rent per SF Range
Low High
Amenities
X C X X X X X
Total Units
Utilities incl. in rent
X
83 1973 99% X X X
95 1970 95% X X X
X X X X C X $300 pet fee
62 1974 93% X X X X X X B Wa X
$200 pet fee; $10/mo pet rent;
cats only
180 1972 98% X X X X X X X X X C C X
$200 pet fee; small pets
X
$300 pet fee; $15/mo pet rent; 2
b‐ball courts
54 1974 96% X X X X X X X X B Wa X
X X
Leasing special, 1 mo free
44 1975 96% *X *X *X X X C C X X
*Small units wtr included; Others include wtr, grbg, swr; $250 pet fee &
$250 pet dep
X X X X B Wa
X
No specials
Flat fee $20‐30
39 1962 95%
132 1968 95%
XX X B Wa $15 X X
X
X
C X $25
$87.50 bond per pet; Sec deps on graded scale from
$400‐$800
Richland Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
8 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014
Richland, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoTimbers 1 182 $635 $736 672 710 $0.94 $1.04
1900 Stevens Dr 2 84 $735 $875 886 1,006 $0.83 $0.87 NA
Richland, WA*online info
River Park Stud. 2 $549 372 $1.48
1878 Fowler 1 62 $599 $620 530 601 $1.13 $1.03 $49
Richland, WA$40
Northpoint 1 59 $665 $680 760 $0.88 $0.89 $400
2000 Stevens Drive 2 25 $755 $775 1,006 $0.75 $0.77 $800
Richland, WA
Tapteal 1 40 $721 $871 745 $0.97 $1.17
1775 Columbia Park Trail 2 58 $723 $795 943 $0.77 $0.84 $200
Richland, WA
Creekside Stud. 27 $575 440 450 $1.31 $1.28
1650 Mowry Square 1 60 $625 621 643 $1.01 $0.97
Richland, WA
Richland Manor House 1 24 $625 700 $0.89
1621 Geo. Wash. Way 2 36 $725 $750 910 $0.80 $300
Richland, WA 3 36 $800 $950 1,150 $0.70
$35
Washington Square I 1 108 $675 $750 700 778 $0.96 $0.96
2455 Geo. Wash. Way 2 45 $800 $850 1,013 1,162 $0.79 $0.73 $200
Richland, WA 3 11 $1,025 1,471 $0.70
La Verde 1 33 $600 735 $0.82
1021 Del Mar Ct. 2 92 $725 950 $0.76 $350
Richland, WA 3 71 $865 1,100 $0.79
*online info
Cats only
*online info $250 pet deposit; $20/mo pet rent
X
6 mo lease ‐ 1/2 month free during
2nd moX X X X X B C
X C CNA X X X X X X
X X $300 pet feeX X XX CX X X C
X X XWa &
CX X X X X B & C X
Breed & weight restrictions
1978
1978
196 NA
97%
97%
96 1978 90%
84 1977 98% X X X X X X X X X X C C X X X
$87.50 bond per cat; Sec deps on graded scale from
$400‐$800
98 1977 100% X X X C C X X X X X X $300 pet fee
87 X
164 X
Total Units
Year Built
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range
Low High
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
Amenities
X X
$300 pet fee; $10/mo pet rent;
up to 50 lbs64 $10 flat fee B Wa1976 97% X X
Flat fee $20‐35
Flat fee $20, $25,$30
X
X266 1975 NA X X X X X X X C C X X X*online info Tennis court
Richland Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
9 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014
Richland, WA
APARTMENT NAMEADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa or C
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
PatioPets
Specials & Additional Info
Shoreline Village 1 $750 $825 744 $1.01 $1.11 $249
2555 Duportail St 2 $775 $950 925 962 $0.84 $0.99 $249
Richland, WA 3 $925 $1,100 1,084 962 $0.85 $1.14 $249
*online info $60
Arborpointe 1 16 $725 650 $1.12
302 Green Tree Court 2 88 $750 860 $0.87 $125
Richland, WA 3 16 $1,150 1,150 $1.00
Washington Square II 1 16 $725 $800 700 770 $1.04 $1.04
2433 Geo. Wash. Way 2 56 $750 $825 982 1,098 $0.76 $0.75
Richland, WA 3 16 $875 $925 1,237 1,340 $0.71 $0.69
Riverpointe 1 48 $705 $725 754 $0.94 $0.96
2550 Duportail 2 132 $805 $850 958 1,011 $0.84 $0.84 $200
Richland, WA 3 48 $920 $955 1,206 $0.76 $0.79
$35
Aaron Ridge 1 30 $815 725 $1.12
900 Aaron Drive 2 40 $865 $905 844 923 $1.02 $0.98 $299
Richland, WA
Villas @ Mdw Springs 1 104 $731 $951 659 763 $1.11 $1.25
250 Gage Blvd. 2 140 $940 $1,360 1,051 1,220 $0.89 $1.11 $99
Richland, WA 3 42 $1,035 $1,233 1,365 1,380 $0.76 $0.89
$35
Bella Vista 1 104 $825 $1,005 668 867 $1.24 $1.16 $300
2100 Bellerive Drive 2 96 $930 $980 868 921 $1.07 $1.06 $300
Richland, WA 3 25 $1,175 1,140 $1.03 $300
X
Total Units
Year Built
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range
Low High
Rent per SF Range
Low High
Security Deposit & App Fee
Utilities incl. in rent
Amenities
X X
*online info Pet deposit: Pets up
to 45 lbsX
Ten & Bball
X C C X
2003 92% X X
98%
2003
$75 X
X
X X
X X
Pet fee $300 for first pet, $150 for second; $15/mo
pet rent
X No specialsX X
X
X X X
X WaX BX
C X X$300 pet fee; up to
40 lbs.X X $75 $15
$300 pet fee; racquetball court
X
X X X X C
X X
C
X
X X X$300 pet fee;
$10/mo pet rent
X
X X X
1980
2005
228 1996 93%
225
70
120
88 1995 100% X X X X X X X C C
286 2004 95% X X X C C
X X X X C
X C C
X
X100%
X X X X X $300 pet fee
Flat fee $20‐$30
Flat fee $20‐$30
216 NA
Richland Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
10 of 18
EverStar Realty 1920 N. Pittsburgh St, Suite A Kennewick, WA 99336 509.735.4042
Apartment Rental SurveyMay 2014
Richland, WA
APARTMENT NAME
ADDRESS
Wtr Grbg Swr W/DWD/hook
Ldry Fac. Pool Jacz
Rec Rm
Bus. Ctr
Fit Ctr
Heat B or C
AC Wi, Wa
Thtr Rm
Club hse Garg.
Cvr Pkg
Upg. Wins
Free Wi‐fi
Balc or
Patio PetsSpecials &
Additional InfoCanyon Crest785 Canyon St 2 $950 1,100 $0.86 $500
Richland, WA
*online info
Island View 1 24 $823 $893 839 $0.98 $1.06
1529 Columbia Park Trail 2 120 $934 $1,034 1,051 1,145 $0.89 $0.90 $100
Richland, WA
Quail Springs 1 NA $775 $825 755 851 $1.03 $0.97
4711 Dallas Rd 2 NA $900 $970 1,061 1,096 $0.85 $0.89 $150
West Richland, WA 3 NA $1,160 $1,200 1,348 1,575 $0.86 $0.76
$35
Mosaic on the River 1 NA $865 $935 752 $1.15 $1.24
2513 Duportail St 2 NA $975 $1,070 1,033 1,070 $0.94 $1.00
Richland, WA 3 NA $1,200 $1,320 1,260 $0.95 $1.05
*online info $35
Regency Park Stud. 48 $638 $660 525 577 $1.22 $1.14
3003 Queensgate Dr 1 36 $855 $956 712 746 $1.20 $1.28 $200
Richland, WA 2 120 $963 $1,051 1,102 1,179 $0.87 $0.89
3 24 $1,292 $1,491 1,283 1.007 $1.16 $40
Badger Mt. Ranch 1 NA $850 $925 839 $1.01 $1.10 $200
451 Westcliffe Blvd 2 NA $983 $1,150 1,051 1,145 $0.94 $1.00 $200
Richland, WA 3 NA $1,350 $1,550 1,310 $1.03 $1.18 $300
*online info $40
Studios $549 $660
One Bedrooms $550 $1,005
Two Bedrooms $625 $1,360 **Pet deposit may be refundable if there is no pet damage. Pet fee is strictly non‐refundable
Three Bedrooms $725 $1,550 ***Tax credit properties are not included in this survey.
X X C
92%$500
$743
$829
$1,010
X X B Wa X
144 2011 97% X
118 2011 90% X X X X
Flat Fee $25‐30
X X
*online info
X X$300 pet fee; large
dogs allowedX
X
X $100 $25
X X$300 pet fee; up to
100 lbs
X X$200 pet fee; Small
pets
X X
Amenities
Rent per SF Range
Low High
Security Deposit & App Fee
X X C C X X
X X X
X X
C
X X Fee Fee
965 $0.86
X X X X C C
X X
Flat Fee $50
C C
1193 $0.85
*Based on information received in telephone survey performed in May 2014 by EverStar Realty. The information contained herein has been obtained from sources we deem reliable. However, we do not guarantee its accuracy.
Rent Range Rent Avg Sq. Ft. Avg Rent/Sq. Ft. Avg Occ. % Avg
399 $1.25
712 $1.04
Total Units
228
Utilities incl. in rent
2012
2012
Year Built
% Occ. BDRM
# of Unit
Monthly Rent Range
Low High
Square Feet Range
Low High
180 NA
2013 NA X
XX
X
95%
X
X X *online info176
X X *online info30 2011 NA X X X X C C
Richland Survey
© 2014, EverStar Realty Self published info@EverStarRealty.com
11 of 18
Average Rent Rate ‐ March 1999 to September 2005
Kennewick Mar‐99 Sep‐99 Mar‐00 Sep‐00 Mar‐01 Sep‐01 Mar‐02 Sep‐02 Mar‐03 Sep‐03 Mar‐04 Sep‐04 Mar‐05 Sep‐05Studio $332 $340 $385 $404 $392 $464 $465 $465 $471 $463 $452 $452 $430 $4561 Bdrm Apt. $405 $418 $407 $417 $423 $454 $470 $485 $501 $500 $477 $491 $487 $4862 Bdrm Apt. $494 $497 $534 $545 $552 $602 $604 $626 $640 $631 $601 $613 $621 $6143 Bdrm Apt. $592 $610 $591 $619 $634 $682 $665 $684 $691 $724 $635 $692 $725 $707
Pasco Mar‐99 Sep‐99 Mar‐00 Sep‐00 Mar‐01 Sep‐01 Mar‐02 Sep‐02 Mar‐03 Sep‐03 Mar‐04 Sep‐04 Mar‐05 Sep‐05Studio $301 $301 $314 $306 $309 $328 $322 $338 $353 $359 $360 $354 $356 $3761 Bdrm Apt. $360 $324 $351 $366 $365 $409 $410 $440 $446 $445 $451 $445 $524 $5342 Bdrm Apt. $453 $451 $466 $466 $470 $514 $532 $554 $570 $585 $572 $552 $627 $6223 Bdrm Apt. $523 $555 $573 $593 $596 $640 $621 $636 $663 $680 $678 $643 $687 $667
Richland Mar‐99 Sep‐99 Mar‐00 Sep‐00 Mar‐01 Sep‐01 Mar‐02 Sep‐02 Mar‐03 Sep‐03 Mar‐04 Sep‐04 Mar‐05 Sep‐05Studio $313 $320 $367 $345 $382 $484 $408 $428 $504 $504 $498 $493 $463 $4611 Bdrm Apt. $451 $446 $464 $462 $479 $545 $535 $583 $600 $586 $552 $586 $563 $5462 Bdrm Apt. $541 $553 $576 $585 $589 $658 $666 $707 $709 $697 $632 $704 $667 $6553 Bdrm Apt. $680 $703 $680 $724 $726 $818 $784 $851 $874 $818 $809 $847 $806 $757
© 2014, EverStar Realty Self published info@EverStarRealty.com
12 of 18
Average Rent Rate ‐ September 2005 to September 2011; May 2014
Kennewick Mar‐06 Sep‐06 Mar‐07 Sep‐07 Mar‐08 Sep‐08 Mar‐09 Sep‐09 Mar‐10 Sep‐10 Mar‐11 Sep‐11 May‐14Studio $415 $460 $424 $429 $446 $477 $490 $527 $545 $564 $581 $584 $6151 Bdrm Apt. $449 $474 $484 $500 $513 $542 $553 $581 $610 $631 $651 $646 $6442 Bdrm Apt. $573 $585 $608 $606 $649 $669 $684 $724 $750 $791 $809 $806 $7733 Bdrm Apt. $700 $682 $712 $736 $757 $792 $799 $866 $898 $951 $962 $944 $1,010
Pasco Mar‐06 Sep‐06 Mar‐07 Sep‐07 Mar‐08 Sep‐08 Mar‐09 Sep‐09 Mar‐10 Sep‐10 Mar‐11 Sep‐11 May‐14Studio $378 $371 $379 $374 $390 $382 $382 $393 $390 $402 $414 $413 $4481 Bdrm Apt. $504 $513 $508 $522 $526 $572 $579 $600 $624 $660 $650 $651 $6402 Bdrm Apt. $610 $606 $602 $614 $625 $666 $665 $706 $725 $764 $752 $756 $7843 Bdrm Apt. $663 $643 $661 $690 $676 $768 $757 $808 $810 $851 $832 $865 $906
Richland Mar‐06 Sep‐06 Mar‐07 Sep‐07 Mar‐08 Sep‐08 Mar‐09 Sep‐09 Mar‐10 Sep‐10 Mar‐11 Sep‐11 May‐14Studio $395 $438 $436 $462 $477 $505 $524 $560 $563 $593 $623 $629 $5991 Bdrm Apt. $512 $551 $555 $570 $605 $637 $640 $689 $710 $780 $780 $729 $7432 Bdrm Apt. $637 $644 $646 $663 $695 $725 $730 $768 $803 $864 $892 $850 $8463 Bdrm Apt. $750 $752 $777 $795 $810 $855 $864 $904 $939 $999 $1,024 $945 $1,044
© 2014, EverStar Realty Self published info@EverStarRealty.com
13 of 18
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
$1,100
$1,200
Mar
-99
No
v-9
9
Jul-
00
Mar
-01
No
v-0
1
Jul-
02
Mar
-03
No
v-0
3
Jul-
04
Mar
-05
No
v-0
5
Jul-
06
Mar
-07
No
v-0
7
Jul-
08
Mar
-09
No
v-0
9
Jul-
10
Mar
-11
No
v-1
1
Jul-
12
Mar
-13
No
v-1
3
Studio
1 Bdrm Apt.
2 Bdrm Apt.
3 Bdrm Apt.
Kennewick Average Rents – March 2000 – September 2011; May 2014
Ren
tal R
ate
© 2014, EverStar Realty Self published info@EverStarRealty.com
14 of 18
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
$1,100
$1,200
Mar
-99
Oct
-99
May
-00
De
c-0
0
Jul-
01
Feb
-02
Sep
-02
Ap
r-0
3
No
v-0
3
Jun
-04
Jan
-05
Au
g-0
5
Mar
-06
Oct
-06
May
-07
De
c-0
7
Jul-
08
Feb
-09
Sep
-09
Ap
r-1
0
No
v-1
0
Jun
-11
Jan
-12
Au
g-1
2
Mar
-13
Oct
-13
May
-14
Studio
1 Bdrm Apt.
2 Bdrm Apt.
3 Bdrm Apt.
Ren
tal R
ate
Pasco Average Rents – March 2000 – September 2011; May 2014
© 2014, EverStar Realty Self published info@EverStarRealty.com
15 of 18
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
$1,100
$1,200
Mar
-99
Oct
-99
May
-00
De
c-0
0
Jul-
01
Feb
-02
Sep
-02
Ap
r-0
3
No
v-0
3
Jun
-04
Jan
-05
Au
g-0
5
Mar
-06
Oct
-06
May
-07
De
c-0
7
Jul-
08
Feb
-09
Sep
-09
Ap
r-1
0
No
v-1
0
Jun
-11
Jan
-12
Au
g-1
2
Mar
-13
Oct
-13
May
-14
Studio
1 Bdrm Apt.
2 Bdrm Apt.
3 Bdrm Apt.
Ren
tal R
ate
Richland Average Rents – March 2000 – September 2011; May 2014
© 2014, EverStar Realty Self published info@EverStarRealty.com
16 of 18
85
90
95
100
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
Fall
Spri
ng
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2014
Kennewick
Richland
Pasco
Occupancy Rate from March 2000 to September 2011; May 2014 %
Occ
up
ied
© 2014, EverStar Realty Self published info@EverStarRealty.com
17 of 18
Key to Abbreviations AC Wi, Wa Air Conditioner: Window or Wall Unit
Balc Balcony
Bball Basketball Court
BDRM Bedrooms
Bus. Ctr Business Center
Club hse Clubhouse
Cvr Pkg Covered Parking
Dep Deposit
Garg Garage
Grbg Garbage
Heat B or C Baseboard or Central heat
Jcz Jacuzzi/hot tub
Ldry Fac Laundry Facility
Mo Month
Occ Occupancy
Sec Security
SF Square Footage
Swr Sewer
Thtr Rm Theater Room
Tenn Tennis Court
W/D Washer/dryer
W/Dh Washer/dryer hook-ups
Wtr Water
© 2014, EverStar Realty Self published info@EverStarRealty.com
18 of 18
Recommended