Property Description

An exceptional investment opportunity in the established and consistently sought-after Hazel Dell neighborhood of Vancouver, Washington, this newly constructed four-plex delivers strong projected returns at a strong cap rate — and as a brand-new build, minimal near-term maintenance overhead keeps cash flow predictable and capital expenditure risk reassuringly low, a stark contrast to the unexpected repair bills and aging infrastructure that so often quietly erode returns on older rental stock. New construction also positions this property favorably for cost segregation strategies, and potentially generate significant tax savings that further enhance overall returns. Each of the four generously proportioned units features a three-bedroom and two and one-half baths with desirable garages,, open Great Room floor plan bathed in abundant natural light from large picture windows, complemented by soaring high ceilings that lend an airy, expansive feel far beyond what tenants typically find at this price point. The gourmet kitchen is appointed with designer cabinetry, solid surface countertops, a spacious walk-in pantry, and a full suite of stainless steel appliances including a built-in microwave, dishwasher, freestanding range, and refrigerator, all anchored by a generous island perfect for meal prep and casual everyday seating. A spacious and inviting living and dining area flows naturally from the kitchen, creating a connected, comfortable space tenants are proud to call home. The primary bedroom retreat offers a walk-in closet and a private en suite bath featuring dual vanities, a walk-in shower, and a secluded water closet for added privacy. Two additional well-sized bedrooms, a full bath, a versatile loft space equally suited as a home office, sitting area, or play room, and a convenient in-unit laundry closet round out each unit — delivering the upscale finishes and highly functional layout that command premium rents in today's competitive Vancouver rental market.