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Badger Mountain Ranch Changes Hands

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Starboard Realty Advisors of Irvine, Calif., recently purchased Badger Mountain Ranch in Richland.

Starboard Realty Advisors of Irvine, California, recently purchased Badger Mountain Ranch in Richland. 

Built in 2013, the multifamily apartment complex includes one-, two- and three-bedroom units with nine-foot ceilings, outdoor decks and patios, and modern kitchens.

The property has had 98% occupancy over the last 12 months. The median family income in this area is $132K.

Phil Oester, Eli Hanacek, Joe Nydahl and Josh McDonald of CBRE’s Northwest Multifamily Institutional Investment team negotiated on behalf of the seller, Badger Mountain Apartments 1 LLC.

Related Topics: CBRE, Multifamily real estate