The Banks on Bradley

New Construction 144-unit Asset in Ideal Tri-Cities Location

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The Banks on Bradley

New Construction 144-unit Multifamily in Richland, WA

The Banks on Bradley, a premier multifamily community in Richland, offers 144 modern studio, one-, and two-bedroom apartments with high-end finishes. The Banks on Bradley, developed by the same trusted builder responsible for the Tides at Willow Point in North Richland, exemplifies a dedication to superior construction quality.

Located at 425 Bradley Blvd along the Columbia River, residents enjoy scenic water views, easy access to outdoor recreation, and proximity to Richland's dining, shopping, and entertainment. Designed with renters in mind, Banks on Bradley stands out as one of the highest-quality assets in the Tri-Cities market. The property features thoughtful layouts with abundant natural light, modern interior finishes, and HVAC units in every bedroom and living room.

Expansive grounds provide ample parking and potential for future development, enhancing long-term value. The Banks on Bradley is a remarkable investment opportunity, combining exceptional design, a prime location, and strong lease-up performance for sustained cash flow.

Investment Highlights

PRIME LOCATION: In the heart of Richland, The Banks on Bradley is within three miles of 7 of the top employers in the Tri-Cities and is truly walkable to retail and recreational amenities. With direct access to the Columbia River waterfront trail, residents enjoy scenic walking and biking opportunities. Many units boast views of the River, creating a serene and picturesque living experience.

HIGH-QUALITY NEW CONSTRUCTION: Developed by a reputable builder with a proven track record (notably Tides at Willow Point in North Richland), this asset features modern design and durable materials, reducing maintenance costs and attracting discerning renters.
EXCEPTIONAL FINANCIAL PERFORMANCE: The Banks on Bradley has demonstrated robust lease-up momentum throughout 2024 and into 2025, proving market rents and securing consistent early lease renewals. This performance positions the property as a reliable income-generating asset with immediate cash flow potential, which will be documented with stabilized T-1 financials by Spring 2025.

FUTURE DEVELOPMENT POTENTIAL: Designed with a flexible site layout, this property offers unique upside potential through increases to site density. Future zoning adjustments could allow for construction over parking areas, increasing density and long-term value.

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Mason Fiascone

Mason Fiascone

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Multifamily Mason
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