Investor Alert! Amazing opportunity to own a 25 Unit Apartment in prime downtown Yakima location with25 - Studio Units. Historically low vacancy rates & professionally managed by local Jevons Property Management. Seller has completed over $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-opp laundry, storage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60 day notice now that the mortarium is over! Close to Yakima Sportsman State Park, all major freeways and close proximity to Yakima Air Terminal.
Current Location
