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322-324 W Yakima Ave
Yakima, WA 98902
Savoy Apartments · Multifamily Property For Sale · 39 Units
PROPERTY FACTS
| No. Units | 39 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 19,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1910/2019 |
| Building Class | B |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 19,500 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2019 |
Unit Amenities
- Heating
- Kitchen
Site Amenities
- On-Site Retail
About 322-324 W Yakima Ave , Yakima, WA 98902
$1.1M in renovations in 2019. New electrical, new appliances/cabinets in each unit. New carpet and paint throughout entire building. Washington State named the Number 1 best economy in the US! See below for a link to the article The Savoy Apartments is a historic mixed use building in newly rejuvenated downtown Yakima, WA. Conveniently located within walking distance of restaurants, shopping, entertainment and festivals. This beautiful red brick building is surrounded by stunning views of mountains and vast valleys of vineyards and fruit farms. The Savoy offers 39 rent able studio apartments and 4 retail spaces. With vibrant leasing occurring in the neighboring properties, there is great opportunity to lease up vacant retail and gain immediate return in the double digits. Additionally with a CAP of 9.5% there is guaranteed substantial and consistent cash flow and return.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 39 | - | 240 |
PROPERTY TAXES
| Parcel Number | 181324-14495 | Improvements Assessment | $1,572,305 |
| Land Assessment | $72,095 | Total Assessment | $1,644,401 |
PROPERTY TAXES
zoning
| Zoning Code | CBD |
| CBD |
