Richland, WA|142 Units
Orchard Hills was acquired by Evergreen in 2015. The community is 142 units of affordable tax credit housing. The acquisition presented an opportunity for immediate NOI improvement and a value opportunity through acquisition of the only affordable property in an A location in the Tri-Cities region of Washington at a 50% discount to replacement value. The Orchard Hills apartment community offers one, two, three and four bedroom floor plans, all of which include a fully equipped kitchen with a dishwasher, generous closets, window coverings, washer and dryer connections, and a balcony or patio. Amenites include two swimming pools, clubhouse, fitness center, business center, basketball court and playground.