Quincy Apartment Portfolio

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On the Market

Price: $11,100,000

In-Place Cap Rate: 6.17%

Market Cap Rate: 7.19%

Offers Date: Reviewed Upon Receipt. Offer review date TBA.

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Beezley Vista Apartments

Address

307 6th Ave NE, Quincy, WA

Year Built

2023

Units

Build

Single-Story Apartments

Avg. Unit Size

1,156 SF

Laundry

In-Unit

Buildings

Parking

84 Open Stalls

Parcels

Quincy Executive Townhomes

Address

420-522 F St NE, Quincy, WA

Year Built

2019

Units

Build

Two-Story Townhomes

Avg. Unit Size

1,125 SF

Laundry

In-Unit

Parking

10 Garage Stalls, 10 Carports, Ample Street

Parcels

5 (each 4-plex is separately parceled)

Opportunity

The Quincy Apartment Portfolio presents a rare investment opportunity in one of Washington’s fastest-growing markets. This offering comprises two neighboring, newly constructed properties: Beezley Vista Apartments (36 units) and Quincy Executive Townhomes (20 units).

Investment Highlights

Attractive In-Place & Proforma Cap Rate

Large unit layouts averaging 1,145 sqft comprised of majority 3 & 2 bedroom units

Strong in-place rents with the ability to increase by 8% with as-is unit interiors

25 Minutes from Wenatchee & 35 Minutes from Moses Lake

Location

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About the Area

Quincy, WA, is a rapidly evolving tech hub with major data centers, a thriving agricultural sector, and a booming job market for engineers and electricians. The influx of AI and cloud technology firms has driven population and rent growth, positioning Quincy as an emerging hotspot for real estate investment.

With strong cash flow, appreciation potential, and a growing employment base, the Quincy Apartment Portfolio offers a compelling investment in a high-growth market.