322 W Yakima Ave, Yakima, WA 98902 & 31 N Front St, Yakima, WA 98901

SOLD PROPERTY

322 W Yakima Ave & 31 N Front St
Yakima, WA 98902 & Yakima, WA 98902

Located in Central Washington, the city of Yakima is both peaceful and quaint just 60 miles southeast of Mount Rainer. It’s located inside the Yakima Valley, which is noted for its abundance of apples, hops, and wineries. Locals are afforded many awardwinning wines in Yakima, the heart of Washington Wine Country. 


The area’s economy is mostly fueled by agriculture. Yakima Valley produces a lot of hops for beer production, making it one hoppy city. Residents look forward to satisfying their shopping needs at Valley Mall. In addition to multiple neighborhood parks, the city encompasses a local arboretum which has overflowing gardens, natural greenery, and large trees. 


The Yakima Valley Museum houses an extraordinary exhibit full of native artifacts, relics of early settlement life, plus a 1930s Art Deco soda fountain. It’s off Tieton Drive in front of Franklin Park.


PROPERTY DESCRIPTION


ADDRESS

CITY, STATE, & ZIP

UNITS

YEAR BUILT

BUILDING SF

TYPE

CONSTRUCTION

ZONING

APN

322 W Yakima Ave & 31 N Front St
Yakima, WA 98902 & Yakima, WA 98902

Savoy Apartment - 41 units

Senator Apartment - 55 units

Savoy Apartment - 1920

Senator Apartment - 1910

Savoy Apartment - 19,500 SF

Senator Apartment - 19,500 SF

Commercial

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-

-

OFFERING SUMMARY


SALE PRICE

PRICE PER UNIT

PRICE PER SF

CAP RATE

MARKET CAP RATE

GRM

MARKET GRM

$3,950,000

-

-

-

-

-

-

PROPERTY DESCRIPTION


ADDRESS

322 W Yakima Ave & 31 N Front St

CITY, STATE, & ZIP

Yakima, WA 98902 & Yakima, WA 98902

UNITS

Savoy Apartment - 41 units

Senator Apartment - 55 units

YEAR BUILT

Savoy Apartment - 1920

Senator Apartment - 1910

BUILDING SF

Savoy Apartment - 19,500 SF

Senator Apartment - 19,500 SF

TYPE

Commercial

CONSTRUCTION

-

ZONING

-

APN

-

OFFERING SUMMARY


SALE PRICE

$3,950,000

PRICE PER UNIT

-

PRICE PER SF

-

CAP RATE

-

MARKET CAP RATE

-

GRM

-

MARKET GRM

-

AERIAL PHOTOS


DEMOGRAPHICS


A white background with a few lines on it

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POPULATION

A white background with a few lines on it

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HOUSEHOLDS

A couple of people standing next to each other with an arrow pointing up.

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MEDIAN AGE

A black and white drawing of a bag of money and a calculator.

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AVERAGE INCOME