1007 Grandridge Rd
Grandview WA 98930

Grandridge Meadows

1007 Grandridge Rd Grandview WA 98930

Listing #: 714316 | Status: Available | Last Modified: 6/22/2026 |

For Sale
Mason Fiascone
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,300,000.0
  • $/SF$ 279.1
  • $/Unit$ 4,300,000.0
  • Listing StatusAvailable
  • Days on Market22
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.76 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings4
  • # of Floors2
  • # of Units16
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF16000
  • Net Rentable Area15408
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF89472
  • Acres2.05
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building ClassA
Location
  • CountyYakima
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaYakima County
  • Tax ID #23092343477
  • Additional Parcels
  • ZoningR3
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces42
  • Total Parking Spots42
  • Parking Ratio
Construction
  • Year Built2025
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Grandridge Meadows

Public Comments

Offered at $4,000,000, Grandridge Meadows is priced at $250k/unit with a 6.76% in-place cap rate and a 7.03% proforma cap rate. The included land is priced at $300,000, which is just $10,000 per buildable unit, providing the opportunity to acquire stable new-construction cash-flow while creating a clear path to future growth. Grandridge Meadows is a boutique, newly constructed multifamily property located at 1007 Grandridge Road in Grandview, Washington. The project comprises sixteen 2-bed, 2-bath units, each averaging over 960 square feet. With modern finishes, durable construction, and efficient layouts, the property is poised to attract long-term tenants looking for high-quality rental housing without the high urban rent premiums. The site enjoys a central Grandview location near sch

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