MLS #2527991 / Listing provided by NWMLS .
$2,500,000
1020 S 20th Avenue
Yakima,
WA
98902
Sq Ft
Per Sq Ft
Year Built
20th Avenue Apartments is a 20-unit, all one-bedroom apartment community located in Yakima, Washington. Built in 1971, the property spans approximately 13,300 net rentable square feet across 20 units averaging 665 SF each, currently 100% occupied. The asset is offered at $2,500,000, representing a 6.29% in-place capitalization rate on $157,244 of net operating income. Current rents trail market by approximately 3.97%, providing near-term upside through standard rent growth. The property includes 32 surface parking spaces. Yakima's economy — anchored by agriculture, healthcare, and food processing — supports stable year-round housing demand, and limited new multifamily supply reinforces occupancy and rental performance in the submarket.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 0
- Parking Total: 32
- Total Uncovered Parking Spaces: 32
Structure
- Roof: Metal
- Exterior Features: Wood
- Foundation: Slab
Lot Details
- Lot Features: Corner Lot, Paved, Sidewalk
- Acres: 0.5548
- Foundation: Slab
Schools
- High School District: Yakima
Lot Details
- Lot Features: Corner Lot, Paved, Sidewalk
- Acres: 0.5548
- Foundation: Slab
Power
- Energy Source: Electric
- Power Company: Pacific Power
Water, Sewer, and Garbage
- Sewer Company: City of Yakima
- Sewer: Sewer Connected
- Water Company: City Of Yakima
- Water Source: Public
- Water, Sewer, and Garbage: 16941
Amy Flippo
Broker | REALTOR®
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