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Luxury Real Estate

Fourth Avenue Capital Launches New Luxury Apartment Community in Richland, WA

June 22, 2026
Luxury apartment building exterior in Richland, WA.
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Fourth Avenue Capital has officially broken ground on Badger Heights Apartments, a new 72-unit luxury apartment community situated in Richland, Washington. This development marks a significant addition to the master-planned South Badger Mountain area, aiming to meet the growing demand for quality housing in the region.

Key Takeaways

  • Project: Badger Heights Apartments, a 72-unit luxury community.
  • Location: South Badger Mountain master-planned development, Richland, Washington.
  • Developer: Fourth Avenue Capital, focusing on Pacific Northwest multifamily housing.
  • Market: Richland is identified as a desirable housing market in the Inland Northwest.

Development Details

Badger Heights Apartments will offer a range of living options, with apartment homes varying from 733 to 1,318 square feet. The community will feature a mix of one-, two-, and three-bedroom floor plans, designed to cater to diverse resident needs. The development is strategically located at 3601 Grapeview Street within the expansive 1,500-acre South Badger Mountain master-planned community.

Strategic Location and Amenities

The prime location of Badger Heights Apartments provides residents with convenient access to a variety of amenities. This includes nearby parks, extensive trail systems, educational institutions, and future retail and service establishments. The surrounding area also boasts a broad spectrum of recreational opportunities, enhancing the quality of life for its inhabitants.

About Fourth Avenue Capital

Fourth Avenue Capital is a prominent real estate investment, development, and operating company with headquarters in Seattle and Spokane, Washington. The firm specializes in middle-market multifamily housing investments, with a particular focus on the Pacific Northwest region. Their commitment to developing quality housing solutions is evident in projects like Badger Heights Apartments.

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