Kennewick Hard Money Loans
Intrust Funding is a Kennewick real estate hard money lender providing short term loans to investors in Benton County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Located in Benton County, Kennewick is part of the Tri-Cities area and is one of the fastest-growing cities in the state, with a population of over 80,000. The city boasts a strong economy, anchored by agriculture, healthcare, and an expanding technology sector. With a highly rated school system, numerous recreational opportunities, and a lower cost of living than the state average, Kennewick offers an appealing landscape for residential real estate investors. The city’s ongoing developmental projects and strategic location near major transport routes enhance its potential for commercial real estate investment as well.
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A Real Estate Investor’s Guide to Kennewick
Kennewick, WA
Kennewick is a city in Benton County in the U.S. state of Washington. It is located along the southwest bank of the Columbia River, just southeast of the confluence of the Columbia and Yakima rivers and across from the confluence of the Columbia and Snake rivers. It is the most populous of the three cities collectively referred to as the Tri-Cities (the others being Pasco and Richland). The population was 73,917 at the 2010 census; the Census Bureau estimates the city’s population to be 84,347 as of July 1, 2019.
The discovery of Kennewick Man along the banks of the Columbia River provides evidence of Native Americans’ settlement of the area for at least 9,000 years
Benton County
Benton County is a county in the south-central portion of the U.S. state of Washington. As of the 2020 census, its population was 206,873. The county seat is Prosser, and its largest city is Kennewick. The Columbia River demarcates the county’s north, south, and east boundaries.
Benton County was created from what were then larger versions of Klickitat County and Yakima County on March 8, 1905, and was named after Missouri statesman Thomas Hart Benton.
Geography
Kennewick is located in Eastern Washington along the south side of the Columbia River and is one of three cities in the Tri-Cities. The other two cities are Richland, which is upstream of Kennewick on the same side of the river, and Pasco, which is across the river. The elevation within the city rises from the river to a line of ridges on the south side of town that are a result of the same anticline that created Badger Mountain and Rattlesnake Mountain. Beyond that line of ridges, the city slopes up toward the Horse Heaven Hills. According to the United States Census Bureau, the city has a total area of 28.36 square miles, of which, 26.93 square miles is land and 1.43 square miles is water. The former community of Vista is now a neighborhood fully contained within Kennewick.
Employment
Kennewick has an unemployment rate of 5.8%. The US average is 6.0%. Kennewick has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Transportation
The nearest commercial airport to Kennewick is the Tri-Cities Airport in Pasco, with flights to several major international airports in the western part of the country. The busiest route is between Pasco and Seattle–Tacoma. Pasco also has the station for both Amtrak’s Portland-Chicago Empire Builder and Greyhound Lines. The Port of Kennewick formerly operated Vista Field near the Toyota Center as a general aviation airport, but it closed at the end of 2013.
Hard Money Loan Scenarios Kennewick, WA
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