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1005 S 48th Ave

Yakima, WA 98908
  • $7,104,891
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • MLS #: 22-1413
Under Contract
UPDATED: 184 min ago
$7,104,891
  • 0
    BEDS
  • 1.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 50,348
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960

School Ratings & Info

Description

THIS OFFERING is for the opportunity to acquire a portfolio of three well-positioned multi-family properties comprised of 61 units.Located in a desirable west Yakima neighborhood, 1005 & 1007 S 48th Ave contains 21 units comprised of five 2 beds/1 baths, 15 units comprised of 2 beds/1.5 baths and one unit comprised of 3 beds/1 bath. Located in central Yakima 4 blocks from both Yakima Valley College and Rainier Square, 1020 S 20th Ave contains 20 units comprised entirety of 1 bed/1 bath.Located in central Yakima across from the former Astria Hospital, the Cardinal Manor at 110 & 112 S 11th Ave contains 14 units comprised of 1 bed/1 bath, five units comprised of 2 bed/1 bath and one unit comprised of 2 bed/2 baths. Some simple administrative upside opportunity exists by way of increasing rents within some of the rental agreements that are currently below market.

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© 2022 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2022-07-05T23:49:19.873.
www.buysellyakima.com/homes/129798715
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1005 S 48th Ave Yakima, WA 98908

  • Price: $7,104,891
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 184 min ago
  • MLS #: 22-1413
0
Beds
0
Baths
0
½ Baths
1.83
Acres
50,348
SQFT
$141
$/SQFT
1960
Built
Neighborhood:
5A - W 40Th/S Yak Ave
Area:
5A - W 40Th/S Yak Ave
Property Description
THIS OFFERING is for the opportunity to acquire a portfolio of three well-positioned multi-family properties comprised of 61 units.Located in a desirable west Yakima neighborhood, 1005 & 1007 S 48th Ave contains 21 units comprised of five 2 beds/1 baths, 15 units comprised of 2 beds/1.5 baths and one unit comprised of 3 beds/1 bath. Located in central Yakima 4 blocks from both Yakima Valley College and Rainier Square, 1020 S 20th Ave contains 20 units comprised entirety of 1 bed/1 bath.Located in central Yakima across from the former Astria Hospital, the Cardinal Manor at 110 & 112 S 11th Ave contains 14 units comprised of 1 bed/1 bath, five units comprised of 2 bed/1 bath and one unit comprised of 2 bed/2 baths. Some simple administrative upside opportunity exists by way of increasing rents within some of the rental agreements that are currently below market.
Exterior Features

Garage Capacity None Roof CompositionMetal Siding Wood

Interior Features

Heating Electric

Property Features

Contingency Contingent Gross Monthly Income 48147.00 Multifamily Subtype Apartment Sewage System Connected Tax Designation None Tax Year 2022 Taxes 41378.00 Water Public Water Zoning B1 - Prof BusR3 - Multi Fam Res

Listing provided courtesy of Bill Almon, Jr of Almon Commercial-Residential Real Estate.


© 2022 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2022-07-05T23:49:19.873.
 
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Candy Lea Stump | Keller Williams Yakima Valley
1017 S. 40th Ave.
Yakima WA, 98908