MLS# 255147 Investor Alert! Amazing opportunity to own a 25-unit apartment building in prime downtown Yakima location with 1bed/1bath and studio units. Historically low vacancy rates and professional managed by local Jevons Property Management. Seller has completed more than $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-op laundry, syorage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60-day notice now that the moratorium is over. Close to Yakima Sportsman State Park, all major freeways, and close proximity to Yakima Air Terminal.
Courtesy of: The Paragon Group The data relating to real estate for sale on this web site comes in part from the IDX program of the Tri-City Association of REALTORS® Multiple Listing Service. The information being provided is 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. Updated: 1st August, 2021 8:46 PM
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