Obsidian Heights | New Construction 4Plex in Hazel Dell
Multifamily | 4 Units | $444,975/unit
Marketing description
Under construction and coming soon in 2026 this boutique four-unit townhome community combines the advantages of new construction with the resident appeal of spacious 3-bedroom floor plans and attached garages. Designed to support long-term occupancy and tenant retention, the property offers investors an attractive blend of strong cash flow, limited maintenance exposure, and long-term ownership potential. Constructed in 2026 by a respected local builder, this thoughtful four-unit townhome community offers a rare opportunity to acquire newly built rental housing comprised entirely of spacious 3-bedroom, 2.1-bath residences with attached garages. The homes were thoughtfully designed to meet the needs of today's residents, featuring open-concept floor plans, abundant natural light, contemporary finishes, and functional living spaces that support long-term occupancy and broad market appeal. The property's larger bedroom count, attached garages, and townhome-style living experience position it favorably within the rental market, appealing to households seeking additional space, privacy, and convenience. As a recently completed asset, the property benefits from modern building systems, durable construction materials, and thoughtfully selected finishes designed to support long-term ownership. Quality construction helps reduce maintenance demands, limit future capital expenditure requirements, and promote operational efficiency. Combined with an attractive cap rate, strong resident appeal, and limited near-term capital needs, the property represents a compelling opportunity to acquire a low-maintenance multifamily asset positioned for stable cash flow, long-term ownership, and durable investment performance.
Investment highlights
- (4) 3 bed / 2.1 bath with garage units
- Est. 2026 Completion
- Current Proforma NOI: $102,469
- Proforma Cap 5.76%
- Avg. Unit Size 1472 SF
- Spacious 3-bedroom floor plans and attached garages
- Open-concept floor plans, abundant natural light, contemporary finishes
- Modern building systems, durable construction materials
- Quality construction helps reduce maintenance demands
- Low-maintenance multifamily asset positioned for stable cash flow
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