8 S 11th Avenue, Yakima, WA 98902 | 1715897 | Prime Alliance Real Estate Services

8 S 11th Avenue $1,450,000

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    8 S 11th Avenue Yakima, WA 98902

    • 0 Beds
    • 0 Baths
    • 11,760 sq. ft.
    • Multi-Family
    • Listing# 1715897
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    Views: 4 Days On Site: 3

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    Property Details

    Bay Hill Estates is a 2-story, well-maintained apartment community. The property consists of 2 buildings centrally located near downtown Yakima and walking distance to the nearby hospital complex. The building has 8 one-bedroom units and 8 two-bedroom units. The property got a new roof in 2020 and the exterior was painted and new signage was installed in 2015. The owner has replaced the bathtub surrounds on turnover. Bay Hill offers investors a quality asset with significant rental upside with current rents an estimated 24% +/- below market. An investor can capitalize on the income upside through increased rents in-line with the current market, adding amenities, and capturing additional revenue sources such as utility bill-back.

    • General Features
      • County Or Parish Yakima
      • Furnished Unfurnished
      • Leasable Area 11760
      • Leasable Area Units Square feet
      • MLS Area Major 475 - Yakima County
      • New Construction Y/N No
      • Property Sub Type Multi-Family
      • Special Listing Conditions None
      • Style Code 56 - 10+ Units
      • Subdivision Name Yakima
      • Tax Annual Amount 10868
      • Tax Year 2022
      • Year Built 1966
    • Building Features
      • Building Area Total 11760
      • Building Area Units Square feet
      • Exterior Features Brick, Wood
      • Green Energy Efficient Thermal Windows
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square feet
      • Roof Composition
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 0
      • Irrigation Water Rights Y/N No
      • Lot Features Alley, Curbs, Paved, Sidewalk
      • Lot Size Acres 0.31
      • Lot Size Square Feet 13504
      • Lot Size Units Square feet
      • Open Parking Spaces 20
      • Open Parking Y/N Yes
      • Parking Total 20
      • Sewer Sewer Connected
      • Utilities Cable Connected,Sewer Connected,Electricity Available
      • View Y/N No
      • Waterfront Y/N No
    • Schools
      • High School District Yakima

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    Neighborhood

    98902 (Yakima) Demographics

    32 Median Age
    5,128 Population Density (per sq. mile)
    23% College Educated
    $40,296 Estimated Median Income
    8,485 Estimated Total Home Owners
    7,837 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    46,300 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $230,000 Median Sales Price
    35 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,450,000
        1/13/2021 4:32:00 PM New in Database Source New Value: $1,450,000

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        This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.