Sign up to receive our listings
Let’s talk about apartments
under contract
Listings/Chestnut West
Chestnut West
Under Contract
For more information contact the broker.
To view other listings on the market, please use the button below.
Site Details
Residential Unit Summary
Opportunity
Chestnut West Apartments is a well-maintained, 10-unit value-add opportunity in the heart of Yakima, WA.. Hitting the market for the first time in 32 years, the property benefits from a strong tenant base of professionals, including teachers, nurses, and graduate students. With 24% rent upside as-is and 34% potential with renovations, investors have a clear path to increasing cash flow. The property is centrally located near major employers such as Memorial Hospital and Yakima Valley College, offering stable demand in a growing market.
Location
Open Google Maps
About the Area
Yakima is Eastern Washington’s third-largest city with year-over-year population growth
Yakima, WA, is a thriving city in Central Washington known for its strong agricultural industry, particularly as a leading producer of apples, hops, and wine grapes. The Yakima Valley supplies over 75% of the nation’s hops, making it a key player in the craft beer industry. In recent years, Yakima has experienced steady economic growth, driven by a diverse mix of industries, including healthcare, manufacturing, logistics, and tourism. The region’s expanding wine industry has also contributed to increased investment and development. With a lower cost of living compared to major metropolitan areas, Yakima has attracted businesses and new residents seeking economic opportunities and a high quality of life. The city serves as a regional hub for commerce, healthcare, and education in Eastern Washington, with strong infrastructure and access to major highways and rail lines. Additionally, Yakima’s semi-arid climate, with hot summers and mild winters, supports year-round outdoor recreation, including hiking, fishing, and skiing, making it an attractive place to live and work.
Workforce & Business Growth:
Yakima’s job market has expanded in recent years, with a growing workforce in healthcare, education, and manufacturing. The city has also seen increased investment in logistics and distribution due to its strategic location along Interstate 82 and proximity to major rail lines.
Strong Agricultural Hub
Leading producer of apples, hops, and wine grapes, driving local and national industries.
Affordable & Business-Friendly
Lower cost of living and pro-business environment attracting investment and growth.
Outdoor Recreation
Access to hiking, fishing, skiing, and wineries enhances quality of life.
Gallery
