Prepared by https://www.commercialmls.com
1007 Grandridge Rd Grandview WA 98930
Listing #: 714316 | Status: Available | Last Modified: 6/22/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 6.76 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 4 |
| # of Floors | 2 |
| # of Units | 16 |
| Total Building SF | 16,000 SF |
| Net Rentable Area | 15,408 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 89,472 SF |
| Acres | 2.05 |
| Year Built | 2025 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | A |
| Location | |
|---|---|
| County | Yakima |
| Market Area | Yakima County |
| Tax ID # | 23092343477 |
| Zoning | R3 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 42 |
| Total Parking Spots | 42 |
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
Grandridge Meadows
1007 Grandridge Rd Grandview WA 98930
Listing #: 714316 | Status: Available | Listing Date: 6/18/2026 | Last Modified: 6/22/2026 | Email Listing

























































