The Second Street Site is a fully entitled, shovel-ready development opportunity in East Wenatchee, WA permitted for 200 multifamily units. With permits secured under Washington’s 2018 energy code, developers can realize substantial cost savings compared to new permits and energy codes, significantly reducing construction expenses.With entitlements in place, the project is ready to be immediately picked up and developed, minimizing entitlement risk and allowing for an accelerated timeline to delivery. Investors can capitalize on the region’s rising rental rates, low vacancy, and economic expansion, ensuring long-term viability and strong absorption upon completion. In addition, a 2026-27 delivery is ideal timing as the multifamily supply expansion in Wenatchee went from record expansion