1015 South 48th Avenue

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1015 South 48th Avenue

Yakima, WA 98908
Asking Price
$3.20M
Cap Rate
4.59%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Stabilized 18 unit multifamily investment in one of West Yakima’s most established rental corridors <p></p><ol><li>​<strong style="color: rgba(0, 0, 0, 1)">Stabilized 18 unit multifamily investment in one of West Yakima’s most established rental corridors</strong></li><li>​<strong style="color: rgba(0, 0, 0, 1)">100% occupied with current scheduled rent exceeding 2025 reported rental income</strong></li><li>​<strong style="color: rgba(0, 0, 0, 1)">16 unit apartment property plus duplex with a two bedroom dominant unit mix</strong></li><li>​<strong style="color: rgba(0, 0, 0, 1)">Approximately

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.45%
Monthly Payment
$15,826.907
Annual Cash Flow
$-109,922.879

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