Lotus Pond Apartments | 20 Staff Sargeant Pendleton Way
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Lotus Pond Apartments 20 Staff Sargeant Pendleton Way
55 Unit Block of Flats £6,330,719 (£115,104/Unit) Yakima, WA 98901
Investment Highlights
- yakima downtown with 20000 vehicles traffic - corner attraction
- anchor tenants
- remodeled units
Executive Summary
Iconic Mixed-Use Building in the Heart of Downtown Yakima
Located at 20 Staff Sgt Pendleton Way, this hallmark property presents a remarkable investment opportunity in the fast-developing Yakima region. Featuring 6 prime commercial units—anchored by popular local establishments like MakDaddy and a renowned Thai restaurant—and 55 residential units, including studios, one-bedroom, and two-bedroom apartments, this property offers both stable cash flow and future growth potential. Part of opportunity zone.
Recently renovated with modern flooring, upgraded bathrooms, and new heating and plumbing systems, the building ensures minimal maintenance costs and an attractive, move-in-ready appeal for tenants. With Yakima's robust rental demand, this is a high-yield investment in a thriving city.
Key Property Features:
Prime downtown location with immediate access to shopping, dining, and public transit
Diverse tenant mix of residential and commercial units, generating multiple revenue streams
Recent updates include new infrastructure and stylish interior finishes
Exceptional Location and Attractions: Situated in the heart of downtown Yakima, the property benefits from its proximity to a host of attractions:
Yakima Farmers' Market, located nearby, offers fresh local produce and artisan goods every Sunday from May to October.
Capitol Theatre, a historic downtown venue, hosts a wide range of performances from ballets to symphonies.
Nature lovers will appreciate the nearby Cowiche Canyon Trail, perfect for hiking and taking in scenic views of the Yakima Valley.
For those looking for recreation, Yakima Sportsman State Park provides camping, hiking, bird-watching, and fishing opportunities.
Just a short drive away, Wilridge Vineyard offers wine tastings with stunning views, ideal for enjoying Yakima’s lush natural surroundings.
Yakima, part of the rapidly growing Tri-Cities region, is on the cusp of major economic expansion, fueled by a newly approved regional airport, increased tourism, and its status as a key hub for agriculture and wine production. With demand for both residential and commercial space at an all-time high, this property is perfectly positioned to deliver strong returns for investors. website cascadeyakima dot com.
Yakima at a Glance:
Growing wine country: Numerous local wineries, including Bale Breaker Brewing Company and Wilridge Vineyard, draw in tourists and locals alike.
Outdoor recreation: Access to premier hiking and outdoor activities at Yakima Greenway and Yakima River Canyon.
Cultural experiences: Learn about local history at the Yakama Nation Cultural Center or enjoy the stunning murals of nearby Toppenish.
Invest in Yakima’s bright future with this turnkey property at 20 Staff Sgt Pendleton Way—a rare opportunity to own a cornerstone of this dynamic downtown district.
Located at 20 Staff Sgt Pendleton Way, this hallmark property presents a remarkable investment opportunity in the fast-developing Yakima region. Featuring 6 prime commercial units—anchored by popular local establishments like MakDaddy and a renowned Thai restaurant—and 55 residential units, including studios, one-bedroom, and two-bedroom apartments, this property offers both stable cash flow and future growth potential. Part of opportunity zone.
Recently renovated with modern flooring, upgraded bathrooms, and new heating and plumbing systems, the building ensures minimal maintenance costs and an attractive, move-in-ready appeal for tenants. With Yakima's robust rental demand, this is a high-yield investment in a thriving city.
Key Property Features:
Prime downtown location with immediate access to shopping, dining, and public transit
Diverse tenant mix of residential and commercial units, generating multiple revenue streams
Recent updates include new infrastructure and stylish interior finishes
Exceptional Location and Attractions: Situated in the heart of downtown Yakima, the property benefits from its proximity to a host of attractions:
Yakima Farmers' Market, located nearby, offers fresh local produce and artisan goods every Sunday from May to October.
Capitol Theatre, a historic downtown venue, hosts a wide range of performances from ballets to symphonies.
Nature lovers will appreciate the nearby Cowiche Canyon Trail, perfect for hiking and taking in scenic views of the Yakima Valley.
For those looking for recreation, Yakima Sportsman State Park provides camping, hiking, bird-watching, and fishing opportunities.
Just a short drive away, Wilridge Vineyard offers wine tastings with stunning views, ideal for enjoying Yakima’s lush natural surroundings.
Yakima, part of the rapidly growing Tri-Cities region, is on the cusp of major economic expansion, fueled by a newly approved regional airport, increased tourism, and its status as a key hub for agriculture and wine production. With demand for both residential and commercial space at an all-time high, this property is perfectly positioned to deliver strong returns for investors. website cascadeyakima dot com.
Yakima at a Glance:
Growing wine country: Numerous local wineries, including Bale Breaker Brewing Company and Wilridge Vineyard, draw in tourists and locals alike.
Outdoor recreation: Access to premier hiking and outdoor activities at Yakima Greenway and Yakima River Canyon.
Cultural experiences: Learn about local history at the Yakama Nation Cultural Center or enjoy the stunning murals of nearby Toppenish.
Invest in Yakima’s bright future with this turnkey property at 20 Staff Sgt Pendleton Way—a rare opportunity to own a cornerstone of this dynamic downtown district.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £435,782 | £15.56 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £435,782 | £15.56 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | £118,850 | £4.24 |
Net Operating Income | £316,932 | £11.32 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £435,782 |
Annual Per SF | £15.56 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £435,782 |
Annual Per SF | £15.56 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | £118,850 |
Annual Per SF | £4.24 |
Net Operating Income | |
---|---|
Annual | £316,932 |
Annual Per SF | £11.32 |
Property Facts
Price | £6,330,719 | Building Class | B |
Price Per Unit | £115,104 | Lot Size | 0.16 AC |
Sale Type | Investment | Building Size | 28,000 SF |
Gross Rent Multiplier | 6 | Average Occupancy | 98% |
No. Units | 55 | Number of Floors | 4 |
Property Type | Residential | Year Built/Renovated | 1910/2007 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Mid Rise |
Price | £6,330,719 |
Price Per Unit | £115,104 |
Sale Type | Investment |
Gross Rent Multiplier | 6 |
No. Units | 55 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.16 AC |
Building Size | 28,000 SF |
Average Occupancy | 98% |
Number of Floors | 4 |
Year Built/Renovated | 1910/2007 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Lounge
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
Studios | 14 | - | 300 - 500 |
1+1 | 10 | - | 500 - 750 |
2+1 | 2 | - | 500 - 750 |
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
Parcel Number | 191319-23409 | Improvements Assessment | £1,363,204 |
Land Assessment | £19,174 | Total Assessment | £1,382,379 |
PROPERTY TAXES
Parcel Number
191319-23409
Land Assessment
£19,174
Improvements Assessment
£1,363,204
Total Assessment
£1,382,379
zoning
Zoning Code | CBD (Mixed - with ground floor five commercials and three floors above residential.) |
CBD (Mixed - with ground floor five commercials and three floors above residential.) |
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Cascade apartments yakima llc
Lotus Pond Apartments | 20 Staff Sargeant Pendleton Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.