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Quail Springs

4711 Dallas Rd West Richland, WA 99353

Purchased in 2018, this class A 118 unit property located in Richland WA was a unique opportunity for Meter. Because of its excellent location, neighborhood and top rated school district, Meter felt strongly that this would be an excellent long term hold. If we could purchase at the right price. Despite being built in 2011 some deferred maintenance and management issues allowed Meter to come in and make the needed changes and utilize some immediate upside. the plan is to refinance in 2019 and then hold long term for value appreciation and cash flow growth.