5101 W Powerhouse Rd
Yakima WA 98908
5101 W Powerhouse Road
5101 W Powerhouse Rd Yakima WA 98908
Listing #: 714740 | Status: Available | Last Modified: 7/1/2026 |
For Sale
- Phone:(206) 612-2475
- Email:tsmith@northmarq.com
- Office Name:Northmarq Multifamily LLC
- Office Phone:(425) 454-8699
- Office Website:
- Agent Phone:(206) 321-8344
- Agent Email:jkinkopf@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 18,400,000.0
- $/SF$ 220.0
- $/Unit$ 18,400,000.0
- Listing StatusAvailable
- Days on Market10
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.94 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings30
- # of Floors2
- # of Units66
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF83628
- Net Rentable Area83628
- Total Office SF
- Largest Contiguous SF
- Lot SF253416
- Acres5.82
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyYakima
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaYakima County
- Tax ID #18130941011
- Additional Parcels
- ZoningR3
- # Covered Spaces66
- # Uncovered Spaces132
- Total Parking Spots198
- Parking Ratio
- Year Built2023
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Cowiche Creek Townhomes
We are delighted to present Cowiche Creek Townhomes, a newly constructed, 2023-vintage asset located in Yakima, WA. This 66-unit property features a mix of 30 two-bedroom and 36 three-bedroom townhome units, each with 2.5 baths. With an average unit size of 1,267 square feet, each unit features in-unit laundry, elegant quartz countertops, LVP flooring and modern HVAC systems. The property currently achieves an average rent of $1,832 per unit with a limited history of concessions needed to entire new tenants. Residents enjoy the serenity of a quiet neighborhood while being just 4 miles north from downtown Yakima. Additionally, the property offers proximity to Mount Rainier National Park, making it an ideal location for outdoor enthusiasts seeking year-round recreational activities. This property represents an excellent opportunity for investors to acquire a recently constructed yet seasoned asset with large, modernized units in a highly desirable secondary market. With its central location, significant rent growth potential, and high-quality finishes, Cowiche Creek Townhomes is primed for long-term success.
















