Yakima 23 is an attractive opportunity to acquire a well-maintained multifamily community in a central Yakima location. The property features 23 spacious two-bedroom units, with a majority of the buildings configured as desirable townhomes and duplexes, offering an appealing residential setting and strong tenant demand.
The asset features strong trailing operating performance and an attractive going-in cap rate, while current in-place rents are within approximately 3% of market, providing investors with both stable cash flow and additional value-add potential. The fenced community includes ample on-site parking and is conveniently located near employment centers, schools, restaurants, shopping, and other everyday amenities.
With a solid operating history, attractive unit mix, and upside, this offering presents an excellent opportunity to acquire a well-performing multifamily asset in the Yakima market.