Investing in Wenatchee, WA

[Amanda Dallman]

The great migration powered by remote working is fueling the growth of Wenatchee and the surrounding areas. The average home sale price is up 30% over the last 18  months with little sings of slowing. The city is ranked one of the safes in Washington state and is incredible family friendly with happening events, river front parks, and 300 days of sunshine. Building is going up every ware. Chelan county hydro program provides the area with has some of the lowest electricity cost in the nation and pumps a ton of money into community improvements. Wenatchee is also located in the heart of recreation, world class rafting, hiking, boating, climbing and 2 ski areas makes this area highly desirable to the PNW natives. If you are currently investing in the area or look to, I would love to connect! Lets see how we can support each other in growth!

Best Wishes, 

Amanda Dallman

[Nik Moushon]

@Carl Polson @Steve Vaughan  Carl, meet ups are very informal and not on any regular basis...though I'm sure Steve wouldnt mind if we all started meeting up a bit more regularly. Its fun to catch up. 

Multi family is getting harder to make the number work unless you have some kind of built in equity to bring to the table (i.e. already own the land, contractor bringing his own crew, etc etc) at least for new build. Land, materials and labor are in short supply so prices are driven up. Its still doable, you just have to really make sure you know your numbers. Plus, big corps have already spread roots here so any big MF builds are coming from them for the most part. Lots of huge devs are planned in the next 5 years.