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September 6, 2019

127 Tri-Cities units sell for $8.7M

RICHLAND — Two neighboring Richland apartment buildings totaling 127 units have traded for a combined $8.7 million. It was a portfolio sale, with the unidentified seller represented by Robert Parmar and Ryan Kidwell of Summerfield Commercial, which issued a press release.

The 88-unit Creekside, at 1650 Mowry Square, sold for $6.3 million to First Creekside LLC. That sale was worth $71,591 per unit. The building dates to 1978.

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