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1403-1407 S 18th Ave
Yakima, WA 98902 Yakima

$3,100,000 USD

Apartments For Sale • 34,995 SF

Property Details

Property Type Apartments
Total Building Size 34,995 SF
Lot Size 1.44 AC
Building Class C
Year Built 1996
Cap Rate 6.81 %
Zoning R2

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Well-Maintained, Light Value-Add Opportunity
                            
                                Strong Trailing Operating Performance & Attractive Cap Rate
                            
                                Desirable Unit Mix Featuring a Majority of Townhomes & Duplexes
                            
                                Strong In-Place Rents, Within 3% of Current Market Rates
                            
                                Centrally Located Near Major Employment, Schools, Restaurants & Everyday Amenities
                            
                                Fenced Community with Ample On-Site Parking

Property Flyers

Offering Memorandum - Yakima 23 Unit

Cap Rate:

6.81 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Reliable Properties 1403-1407 S 18th Ave

Amenities

Air Conditioning
Dishwasher
Laundry Facilities
Washer/Dryer Hookup
Heating
Kitchen

Public Transportation

Airport	Drive	Walk	Distance
Yakima Air Trml/McAllister Field	4 min	-	1.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	24
Type:	Surface
Included in Rent:	Yes

Max Frame 509-494-3116 Kidder Mathews

1403-1407 S 18th Ave Yakima, WA 98902 Yakima