Log In/Sign Up
Your email has been sent.
Carriage Park Apts. 3700 Carriage Park Ln 8 Unit Apartment Building $2,020,189 CAD ($252,524 CAD/Unit) Yakima, WA 98902
Investment Highlights
- Desirable unit mix: 50% 1-bedroom/1-bath units and 50% townhouse-style 2-bedroom/2-bath units
- Recent capital improvements include a new roof and fresh exterior paint
- Exceptionally well maintained with evident pride of ownership throughout
- Townhouse units feature sweeping territorial views and oversized garages
- Attractive amenities: gas fireplaces and durable, low-maintenance Hardi-plank siding
- Current rents are approximately 18% below market, offering clear upside potential
Executive Summary
THIS OFFERING presents the opportunity to acquire two exceptional West Yakima four-plex properties
for a total of 8 units. This is a rare opportunity to own two well-constructed properties featuring a 50/50
mix of 1-bedroom, 1-bathroom units and townhouse-style 2-bedroom, 2-bath units with sweeping
territorial views and oversized garages in west Yakima.
The property has recently received a new roof and fresh exterior paint, and includes attractive
amenities such as gas fireplaces and durable, low-maintenance Hardi-plank siding. It has been
exceptionally well maintained and reflects clear pride of ownership.
Current rents are approximately 18% below market, creating a compelling value-add opportunity.
Seven of the eight units are on month-to-month leases, with the remaining lease expiring August 2026,
providing flexibility for repositioning and rental adjustments.
A clean, low-maintenance asset located in one of West Yakima’s most desirable rental corridors. The
neighboring four-plex at 3700 Carriage Park is also part of this package sale. Buyer can likely obtain
residential financing as opposed to commercial financing providing for a higher LTV as these are two
separate four-unit tax parcels.
for a total of 8 units. This is a rare opportunity to own two well-constructed properties featuring a 50/50
mix of 1-bedroom, 1-bathroom units and townhouse-style 2-bedroom, 2-bath units with sweeping
territorial views and oversized garages in west Yakima.
The property has recently received a new roof and fresh exterior paint, and includes attractive
amenities such as gas fireplaces and durable, low-maintenance Hardi-plank siding. It has been
exceptionally well maintained and reflects clear pride of ownership.
Current rents are approximately 18% below market, creating a compelling value-add opportunity.
Seven of the eight units are on month-to-month leases, with the remaining lease expiring August 2026,
providing flexibility for repositioning and rental adjustments.
A clean, low-maintenance asset located in one of West Yakima’s most desirable rental corridors. The
neighboring four-plex at 3700 Carriage Park is also part of this package sale. Buyer can likely obtain
residential financing as opposed to commercial financing providing for a higher LTV as these are two
separate four-unit tax parcels.
Property Facts
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Views
- Deck
- Family Room
- Vinyl Flooring
- Wet Bar
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,284 CAD | 725 - 859 |
| 2+2 | 4 | $2,061 CAD | 859 |
1 1
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Carriage Park Apts. | 3700 Carriage Park Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.