8 South 11th Avenue, Yakima, WA 98902

SOLD PROPERTY

8 South 11th Avenue
Yakima, WA 98902

This offering is for a 16 units multi-family property featuring a balanced mix of one-bedroom and two bedroom apartments. See the unit mix below for the upside possibility in increasing rents up to market rent. Built in 1966, the property spans over 0.31 acres and has been kept in excellent condition, including a new roof added in 2020. Seize the chance to invest in a thriving area with this versatile property, perfect for a range of tenant needs. This is part of 3 property portfolio of 43 total units all in Yakima and located in close proximity to each other. Contact listing Broker for more details.

PROPERTY DESCRIPTION


ADDRESS

CITY, STATE, & ZIP

UNITS

YEAR BUILT

BUILDING SF

TYPE

CONSTRUCTION

ZONING

APN

8 South 11th Avenue
Yakima, WA 98902

16

1966

2,940 Sqft

Apartment Complex

-

-

-

OFFERING SUMMARY


SALE PRICE

PRICE PER UNIT

PRICE PER SF

CAP RATE

MARKET CAP RATE

GRM

MARKET GRM

$2,000,000

-

$117

-

-

-

-

PROPERTY DESCRIPTION


ADDRESS

8 South 11th Avenue

CITY, STATE, & ZIP

Yakima, WA 98902

UNITS

16

YEAR BUILT

1966

BUILDING SF

2,940 Sqft

TYPE

Apartment Complex

CONSTRUCTION

-

ZONING

-

APN

-

OFFERING SUMMARY


SALE PRICE

$2,000,000

PRICE PER UNIT

-

PRICE PER SF

$117

CAP RATE

-

MARKET CAP RATE

-

GRM

-

MARKET GRM

-

AERIAL PHOTOS


DEMOGRAPHICS


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POPULATION

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HOUSEHOLDS

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MEDIAN AGE

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AVERAGE INCOME