The Eisenhower Complex is a stabilized 18 unit multifamily investment located in one of West Yakima’s most established rental corridors. The offering includes a 16 unit apartment property plus a duplex, creating a two bed dominant unit mix with broad renter appeal. The property is currently 100% occupied, w/current scheduled… Read More rent exceeding '25 reported rental income and additional income generated from coin op laundry. Positioned near MultiCare Yakima Memorial Hospital, Yakima Valley College, Wilson & West Valley Middle School, Eisenhower High School, shopping, dining, parks, gyms, golf courses & Yakima Air Terminal, the property benefits from convenient access to major healthcare, education, employment, retail, & daily service demand drivers. The combined property features ~1.54 total acres, ~15,728 total building SqFt, 36 total parking spaces including covered parking & irrigated grounds. The duplex includes two spacious 2 bed, 1 bath units ~1k SqFt each, w/carport & driveway parking. Ownership has completed meaningful capital improvements & ongoing unit remodels, supporting tenant appeal, durability, & rental desirability. Certain expenses reflect non recurring capital work, creating upside when evaluating normalized operations. W/stable in place performance, scheduled rent above '25 income, a marketable unit mix, meaningful reinvestment, & a strong West Yakima location, the Eisenhower Complex represents a well maintained, strategically positioned investment opportunity. Read Less
Listing courtesy of RE/MAX Premier Group
Listing Snapshot
Cumulative Days On Market
2
Days on Website
2
Last Updated
Property Type
Multi Family
Square Ft.
15,728
Lot Size
1.54 Acres
Year Built
1996
Property Tax
$18,296
MLS Number
2521913
30 Days Snapshot Of 98908
$395k
+11%
(avg) sold price
1
-66%
home sold
172
+59%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 15728, Building Area Units: Square Feet, Calculated Square Footage: 15728, Elevation Units: Feet, Leasable Area: 15468, Living Area: 0, Number Of Units Total: 6, Stories Total: 1, Structure Type: "Multi Family", Units In Building Total: 34, Year Built: 1996, Year Built Effective: 1996
Site Features: Outbuildings, Patio, Sprinkler System, Zoning Description: Commercial
Roof
Roof: "Composition"
Sewer
Sewer: "Sewer Connected", Sewer Company: City of Yakima
Utilities
Electric Expense: 1183.81, Fuel Expense: 0, Power Company: Pacific Power, Power Production Type: "Electric", Water Company: Nob Hill Water Association, Water Source: "Public"
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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