
Description
This OFFERING is for the opportunity to purchase a well-positioned five-unit apartment building and single-family home on a one tax parcel in Central Yakima. The financials are strong, delivering a stable in-place cap rate of 9.17% and a 7.40 GRM. All Tenants have been in place long-term.Situated on a corner lot with five on-site parking spaces and in close proximity to Downtown Yakima, this deal presents a prime opportunity for an investor to purchase a well performing apartment property and single-family residence on R3 zoned land for sub-$500k.This investment delivers a solid ROI in a short amount of time. If cashed-out, this property will pay for itself in 7 years based on current income stream.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,971SQFT
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$0$/SQFT
School Ratings & Info
Description
This OFFERING is for the opportunity to purchase a well-positioned five-unit apartment building and single-family home on a one tax parcel in Central Yakima. The financials are strong, delivering a stable in-place cap rate of 9.17% and a 7.40 GRM. All Tenants have been in place long-term.Situated on a corner lot with five on-site parking spaces and in close proximity to Downtown Yakima, this deal presents a prime opportunity for an investor to purchase a well performing apartment property and single-family residence on R3 zoned land for sub-$500k.This investment delivers a solid ROI in a short amount of time. If cashed-out, this property will pay for itself in 7 years based on current income stream.
© 2025 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: 2025-02-09T08:48:57.187.