Introducing The Lime at 1327 Goethals Dr, Richland, WA 99354. This meticulously renovated 32-unit investment property offers immediate 6.0%+ returns, with exceptional operating performance. Recent interior renovations include luxury vinyl plank flooring, modern fixtures, and updated kitchen cabinets, ensuring premium rents and minimal capital investment. The property boasts a 5.83% cap rate, near-zero delinquency rates, and a renovated pool area now transformed into an inviting community space. Each unit features spacious layouts with ample natural light, private outdoor areas, and a unique neighborhood atmosphere that fosters tenant retention. Strategically located in a desirable residential area with easy access to amenities, schools, and recreational facilities, The Lime presents an attractive investment opportunity with immediate cash flow and future upside potential. Don't miss this turnkey multifamily gem in Richland, WA! - Majority of the units have been renovated to include luxury vinyl plank flooring throughout, modern lighting fixtures, updated plumbing fixtures, and new kitchen cabinets. - The Lime features professional landscaping, new roofing, and a thoughtfully converted pool area that now serves as an attractive outdoor community space with artificial turf, seating areas, and ambient lighting. - Renovated storage facilities present immediate potential for additional income generation. - Near-zero delinquency rate with strong in-place cash flow generating a cap rate of 5.83%. - On-site laundry facilities feature upgraded app-based cashless payment systems for enhanced tenant convenience and improved cash flow management. - Spacious units with unique character including private outdoor spaces, large sliding glass doors, open-concept layouts, premium finishes, and decommissioned fireplaces that add distinctive ambiance to unit interiors, differentiating from typical rental stock. - Strategically situated in an established residential neighborhood with convenient access to schools, retail centers, and recreational facilities, appealing to diverse tenant demographics including professionals and families. - Richland's regulatory climate is favorable to apartment owners, with continued population and job growth in retail, education, and engineering sectors. - The Lime attracts a diverse tenant profile of young professionals, engineers, students, and families drawn to major employment centers, local schools, outdoor recreation, and pet-friendly living. - The Lime is being offered individually or as part of a five-property portfolio including a land development site totaling 104 units priced at $18,475,000.