Newly Constructed Townhome Apartment
For Sale
$18,400,000
5101 W Powerhouse Rd, Yakima, WA 98908
2023-built 66-unit townhome community offering spacious 2- and 3-bedroom homes with in-unit laundry and modern HVAC.
Property SizeContact for details
Days on Market84
Property Features for 5101 W Powerhouse Rd
General Information
Standard status
Active
Total Parking Spaces
198
Property subtype
Multi-Family
Zoning
R3
Additional Details
Multifamily Units
66
Building Details
Year Built
2023
Listed By:
Bob Cooke
(509) 327-2282
Source:
Rhcooke.idxbroker
Added: Jun 17
Changed: Sep 8
Last Checked: Sep 8 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bob Cooke
Investment Insights
Based on property information with market context.
Cowiche Creek Townhomes is a newly constructed, 2023-vintage townhome apartment community with 66 units. The mix includes 30 two-bedroom and 36 three-bedroom townhome units, each with 2.5 baths. Units average about 1,267 square feet and are designed with practical in-unit laundry. Interiors feature quartz countertops and LVP flooring, supported by modern HVAC systems intended for consistent day-to-day comfort.
The property is located at 5101 Powerhouse Rd in Yakima, Washington, and is described as being in a quiet neighborhood. It is approximately 4 miles north of downtown Yakima. The offering also highlights proximity to Mount Rainier National Park for residents who want access to year-round outdoor recreation.
As a for-sale multifamily asset, Cowiche Creek Townhomes presents an opportunity to acquire a recently built community with modern in-unit amenities and larger townhome-style layouts. With a current average rent reported at $1,832 per unit and a limited history of concessions needed to new tenants, the property is positioned for hands-on operators and investors seeking a stabilized, recently constructed income stream in a secondary market setting.
The property is located at 5101 Powerhouse Rd in Yakima, Washington, and is described as being in a quiet neighborhood. It is approximately 4 miles north of downtown Yakima. The offering also highlights proximity to Mount Rainier National Park for residents who want access to year-round outdoor recreation.
As a for-sale multifamily asset, Cowiche Creek Townhomes presents an opportunity to acquire a recently built community with modern in-unit amenities and larger townhome-style layouts. With a current average rent reported at $1,832 per unit and a limited history of concessions needed to new tenants, the property is positioned for hands-on operators and investors seeking a stabilized, recently constructed income stream in a secondary market setting.
Key Highlights
- 2023‑built 66‑unit Cowiche Creek Townhomes in Yakima, WA
- Unit mix of 30 two‑bedroom and 36 three‑bedroom townhomes, each with 2.5 baths
- Average unit size of 1,267 SF with in‑unit laundry, quartz countertops, and LVP flooring
Property Analytics
Property Profile
Current Use
Lease Details
66
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 98908, WA
38,205
Population
15,496
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
105.7 sq mi
ZIP Area
361
Density / Sq Mi
$80,266
Median Household Income
$43,789
Median Earnings
$1,302
Median Rent
$356,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 2023-built 66-unit townhome community offering spacious 2- and 3-bedroom homes with in-unit laundry and modern HVAC.
Where is this apartment building located?
The property is located at 5101 W Powerhouse Rd Yakima, WA.
What is the asking price?
The asking price for this property is $18,400,000.
What are key features of this property?
This property features: 2023‑built 66‑unit Cowiche Creek Townhomes in Yakima, WA; Unit mix of 30 two‑bedroom and 36 three‑bedroom townhomes, each with 2.5 baths; Average unit size of 1,267 SF with in‑unit laundry, quartz countertops, and LVP flooring
