308 S Fir St
Toppenish WA 98948

308 S Fir Street

308 S Fir St Toppenish WA 98948

Listing #: 687858 | Status: Available | Last Modified: 11/5/2024 |

For Sale
Russell Roberts, CCIM
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 625,000.0
  • $/SF$ 132.4
  • $/Unit$ 625,000.0
  • Listing StatusAvailable
  • Days on Market39
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income73,794
  • Vacancy Factor %5.00%
  • Operating Expenses38,774
  • Net Operating Income31,330
  • CAP Rate 5.60 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 5.60 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors1
  • # of Units10
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4720
  • Net Rentable Area4720
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF25700
  • Acres0.59
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyYakima
  • Vicinity
  • Location DescriptionMonroe Ave, West on Fir St.
  • Second Address
  • Cross StreetMonroe Ave
  • Market AreaYakima County
  • Tax ID #201004-44498
  • Additional Parcels
  • ZoningB1
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1949
  • Year Renovated1989
  • Completion Date
  • Roof TypeComposition
  • Construction Type

308 S Fir St, Toppenish, WA

Public Comments

OPPORTUNITY!!!!! 10 units in Toppenish that used to be a motel converted to apartments (Ask listing broker about benefits of the current zoning). 7 one bedroom units, 3 studios and laundry room. Building is block construction and was taken town to the studs in 1989 and completely rebuilt. Newer 40 year commercial composition roof, new drain system and parking lot recently put in. Below market rents give a buyer upside income potential. See marketing package for full details.

Public Building Comments

7-one bedroom and 3-studio units, fully fenced, laundry room, plenty of parking. Located in downtown Toppenish. 40 yr roof installed in 2008. A participant in the Crime Free program in Toppenish with new storm/security doors on each unit Block bldg.

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