Views
Listed By:
Kidder Mathews and NWMLS
Address
1705 Gordon Road, Yakima, WA
Price
$ 9,500,000
Property Attributes
  • ID#1998679
  • TypeMulti-Family
  • CountyYAKIMA
  • CityYakima
  • AreaYakima County
  • NeighborhoodYakima
  • Zip98901
  • Style10+ Units
  • Year Built1975
  • Taxes$ 44321
  • Price$ 9,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage50465
  • Lot Size2.28 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

The Mesa apartments are a great opportunity to purchase an apartment complex of size and scale in Eastern Washington. A 93 unit value add building in the heart of Yakima Valley. With low in place rents, Buyers can increase rents day 1 and fully maximize operations with light updates upon turnover. Financials are based off current rent roll annualized and a trailing 12 month expenses.

Price History
9/21/2022 Listed $9,500,000

General Features

Amenities Coin Op Laundry
Building Area Units Square Feet
Carport Y/N No
City Yakima
County Yakima
Directions Off N 1st Street take a right onto Tamarack Ave. Take a right on Gordon Rd.
Electric Expense 29463
Exterior Features Wood
Finance Cash Out, Conventional, Rehab Loan
Fuel Expense 29463
High School District Yakima
Insurance Expense 47572
Interior Features Ceramic Tile, Wall to Wall Carpet
Leasable Area 50465
Lot Size Square Feet 99316
MLS Area 475 - Yakima County
Net Operating Income 498788
New Construction No
Open Parking Spaces 102
Possession Closing
Possible Use Multi-Family
Property Condition Good
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Gordon
Structure Type Multi Family
Subdivision Name Yakima
Tax Annual Amount 44321
Tax Year 2022
Total Units 3
Units Below Grade false
Units In Building Total 93
Utilities Sewer Connected, Electricity Available
View Mountain(s), Territorial
View Y/N Yes
Water Company City of Yakima
Water Sewer Garbage 29463
Waterfront Y/N No
Year Built 1975
Zoning Class Multi-Family

Interior Features

Fireplace Y/N No
Flooring Ceramic Tile, Carpet
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Road
Total Stories 2

Exterior Features

Building Area Total 50465
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 99316
Lot Features Paved, Secluded
Lot Size Acres 2.28
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 102
Site Features Fenced-Fully
Total Parking 102
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98901

Price
AVG $9.5M
$9.5M
Taxes
AVG $44,321
$44,321
Visits
AVG 11
11
Year Built
AVG 1969
1975
Walkscore
AVG 49
28
Data Provided by Walkscore ® not using MLS data

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