209 S 9th Ave Immeuble residentiel 9 lots 604 845 € (67 205 €/Lot) Taux de capitalisation 5,85 % Yakima, WA 98902

THIS OFFERING is for the opportunity to acquire a 9-unit multifamily property in central Yakima, zoned R3. The Spanish-style building showcases "old world" architectural charm, with a central open courtyard, and mature landscaping to provide a classic and timeless aesthetic.
The unit mix includes seven-1Bd/1Ba units and two-2Bd/1Ba units, complimented by a community laundry room with storage units and a 600SF+/- detached garage. Recent capital improvements include a new exterior renovation inclusive of paint, upgraded in-unit heaters, and new electrical panels in all units (installed in 2024) to reduce future cap-ex maintenance requirements while positioning the property for stronger future operational performance.
Current rents are below market, offering significant upside by way of rental adjustments, expense optimization (current expenses are 47% of GSI), and implementation of a RUBS (Ratio Utility Billing System). This property presents a compelling investment opportunity in a desirable central location.
To further enhance the investment appeal, attractive SELLER FINANCING terms are available.