Columbia City 4-Plex
Columbia City 4-Plex
In Progress
Columbia City, Seattle
About this Project
This is our flagship project for demonstrating our "missing middle" housing strategy. By replacing a single dilapidated house with four modern, efficient townhomes, we are increasing density and providing more housing choices. The project is designed with community in mind, featuring shared green spaces and easy access to the Columbia City light rail station.
Key Financials
Core financial metrics for Columbia City 4-Plex.
Total Sales$3,400,000
Project Profit$313,736
Return on Investment43%
Initial Cash Required$720,000
Timeline
| Phase | Status | Date |
|---|---|---|
| Acquisition | Completed | 9/1/2023 |
| Permitting | Completed | 2/15/2024 |
| Construction | In Progress | 12/1/2024 |
| Sale | Pending | 3/1/2025 |