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1020 S 20th Ave
Yakima, WA 98902 Yakima

$2,500,000 USD

Apartments For Sale  •  13,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,300 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1971
  • Zoning R3
30 Transit Score
60 Walk Score

Highlights

Rent Growth Potential: Rents are approximately 4.13% below market, providing near-term income growth potential
Attractive Yield: Offered at a 6.29% capitalization rate, supported by $157,244 NOI
Stabilized Occupancy: 100% occupied, reflecting strong tenant demand and operational stability
Efficient Unit Mix: All one-bedroom units averaging 665 SF, appealing to consistent renter demand
Well-Located Asset: Situated in Yakima, WA, a market with steady housing demand fundamentals
On-Site Parking: Includes 32 surface parking spaces, enhancing tenant convenience and retention

Property Flyers

Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Kitchen
  • Refrigerator
  • Range

Public Transportation

AirportDriveWalkDistance
Yakima Air Trml/McAllister Field 4 min - 1.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Tyler Smith 206-333-2724 Northmarq
Tyler Smith 206-333-2724 Northmarq