602 - 610N 3rd St
Yakima WA 98901
Yakima Court
602 - 610N 3rd St Yakima WA 98901
Listing #: 675928 | Status: Available | Last Modified: 4/4/2024 |
For Sale
- Phone:(206) 612-2475
- Email:tsmith@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(425) 454-8699
- Office Website:
- Agent Phone:(206) 321-8344
- Agent Email:jkinkopf@northmarq.com
- Agent Phone:(425) 749-9593
- Agent Email:bgreenheck@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,395,000.0
- $/SF$ 159.0
- $/Unit$ 126,052.6
- Listing StatusAvailable
- Days on Market126
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.84 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units19
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings3
- # of Floors2
- # of Units19
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF15065
- Net Rentable Area15065
- Total Office SF
- Largest Contiguous SF
- Lot SF36155
- Acres0.83
- Property TypeMulti-Family
- Office Type
- Building ClassC
- CountyYakima
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaYakima County
- Tax ID #19131832434
- Additional Parcels19131832437, 19131832545, 19131832546
- ZoningR-1
- # Covered Spaces0
- # Uncovered Spaces27
- Total Parking Spots27
- Parking Ratio
- Year Built1988
- Year Renovated1994
- Completion Date
- Roof Type
- Construction TypeFramed
Yakima Court
Northmarq is pleased to present Yakima Court, a 19 unit, turnkey asset located in Yakima, Washington. The Property features a mix of one, two, and three-bedroom units with 18 of them being renovated. This stabilized deal is offered at an in place 7.84% cap with potential for a savvy investor to capture 5% additional loss to lease revenue on unit turnover.
