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Listings/Yakima 23 Unit
Yakima 23 Unit
On the Market
Price: $3,100,000
Offer Review Date: To be Announced – Offers Reviewed Upon Receipt
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Site Details
Unit Mix
Opportunity
With in-place rents already within 2–7% of market across the 2×1, 2×1 w/ Laundry, and 2×1.5 Townhome unit types, buyers are perfectly positioned to immediately bring rents to market with as-is unit interiors, capturing near-term upside with no capital investment.
Beyond this, a light value-add program offers further gains. Interior upgrades such as new cabinetry and countertops, modern lighting and fixtures, stainless steel appliances, and contemporary windows and blinds can be phased in as leases turn, minimizing disruption. A modest exterior refresh, including landscaping, updated signage and branding, upgraded fencing, and added courtyard amenities, further elevates curb appeal and resident experience.
Together, these levers give buyers a clear, low-risk path to increased NOI without the cost or complexity of a major repositioning.
Location
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About the Area
Yakima is one of Eastern Washington’s largest cities with a population of 97,000 and year over year population and job growth, largely due to it’s thriving agricultural economy.
Powerhouse Village benefits from being centrally located in an amenity rich location surrounded by major employers, schools, parks, restaurants, shopping & more.
While agriculture is Yakima Valley’s driving economic force, Yakima has transformed into a diverse metropolitan city becoming the cultural, business, educational, health care and governmental center of the Central Washington region.
Located within easy driving distance from all major Washington State cities, Yakima’s ideal location, 300+ days of sunshine, breweries, wineries, outdoor recreation and year around events has made Yakima Valley a popular destination.
Keelers Bus Stop
0.4 Miles
Lewis and Clark Middle School
0.9 Miles
Ranier Square Shopping Mall
1.0 Miles
Perry Technical Institute
1.1 Miles
Yakima Valley College
1.2 Miles
Memorial Hospital
2.0 Miles
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