Apartment Acquisitions · Yakima
Sell Your Commercial Property In Yakima, WA
We are an active buyer of Yakima commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: West Valley · Downtown Yakima · Union Gap · Selah — Yakima County, WA
The Yakima Market
What Drives Rentals In Yakima
Yakima, a Yakima County city of 96,961 residents in the Census Bureau's ACS 2020-2024 estimates, rents more than Washington overall. Renters hold 46.2% of Yakima's occupied homes, against 36.2% statewide. Median gross rent is $1,117 a month, and 47.0% of Yakima renters spend 30% or more of income on rent. Owners who sell commercial property in Yakima, WA bring an older stock to market: 62.6% of Yakima's 37,467 housing units predate 1980, and only 16.9% sit in buildings of five or more units, near MultiCare Yakima Memorial Hospital and the Yakima Valley's agricultural economy.
Agricultural and food processing
Yakima County's agriculture, forestry, fishing and hunting sector employed 29,212 people in 2024, about 25% of covered employment.MultiCare Yakima Memorial Hospital
MultiCare Yakima Memorial Hospital runs 238 beds in the city, per Washington's Department of Health facility records.Yakima Valley College and PNWU
Yakima Valley College enrolled 4,377 students in fall 2024, and PNWU enrolled 690 students in fall 2025.Our Buy Box
What We Buy In Yakima
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Yakima Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Yakima
Renters occupy 46.2% of Yakima homes, or 16,489 of 35,726 occupied units, in ACS 2020-2024 tenure data. Only 16.9% of Yakima's 37,467 housing units sit in buildings of five or more units, per ACS units-in-structure data. Another 62.6% of Yakima homes predate 1980, with a median year built of 1972, per ACS year-built data.
Rents and affordability
Yakima has a median gross rent of $1,117 a month in ACS 2020-2024 rent data, $196 below HUD's FY2027 two-bedroom fair market rent. Among Yakima renters, 47.0% spend 30% or more of income on rent, and 22.3% spend 50% or more, per ACS table B25070.
| Unit size | HUD FY2027 FMR, Yakima, WA MSA |
|---|---|
| Efficiency | $997 |
| One-bedroom | $1,004 |
| Two-bedroom | $1,313 |
| Three-bedroom | $1,818 |
| Four-bedroom | $2,049 |
Source: HUD fair market rent documentation.
Property taxes in Yakima County
Yakima's tax code area 331 carries a 2026 combined levy rate of $8.70831153 per $1,000 of assessed value, per the Yakima County Assessor's 2026 booklet. On a $2,000,000 building in that tax code area, those levies total $17,416.62 a year.
Owners who sell commercial property in Yakima, WA also owe Washington's real estate excise tax, which the seller usually pays, per the Department of Revenue. On a $2,000,000 sale beginning January 1, 2027, the state graduated portion is $31,208.50, and Yakima's 0.50% local rate adds $10,000, for $41,208.50 total, per the DOR local rate table.
Landlord rules in Yakima
Washington's Attorney General guidance sets the 2026 maximum rent increase at 9.683%. Landlords give 90 days' written notice of an increase under RCW 59.18.140, and a 14-day notice precedes an eviction for unpaid rent under RCW 59.12.030.
RCW 35.21.830 preempts rent control by Washington cities and towns, with public and low-income exceptions, and RCW 59.18.280 gives landlords 30 days to return deposits or itemize deductions. Owners who sell commercial real estate in Yakima, WA should confirm these notice periods before closing.
What it means for an owner
Yakima County's agriculture, forestry, fishing and hunting sector employed 29,212 people in 2024, about 25% of covered employment, per the WA ESD county profile. MultiCare Yakima Memorial Hospital runs 238 beds, per the Washington Department of Health, and Yakima Valley College enrolled 4,377 students in fall 2024, per its enrollment announcement.
To sell commercial property in Yakima, WA, lead with the $196 gap to HUD's two-bedroom benchmark and the 62.6% share of homes built before 1980. Test pricing with our cap rate calculator. Skyline Capital Investments buys buildings of five or more units; if you plan to sell your apartment building in Yakima, start with our sell my apartment building page.
Seller Notes
Pricing Your Building In Yakima
More about selling in Washington →Investing in Yakima? See apartment syndications in Yakima →
- Yakima's tax code area 331 carries an $8.70831153 per $1,000 levy rate on commercial buildings.
- Yakima's median rent of $1,117 sits $196 below HUD's FY2027 two-bedroom fair market rent.
- Owners who sell commercial real estate in Yakima, WA face $41,208.50 in excise tax on a $2,000,000 sale.
Seller Guides
Selling A Building In Yakima
Learn More
Taxes & Rules For Yakima Property
The Washington rules that shape any deal in Yakima: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Yakima Seller FAQ
What should I know before I sell commercial property in Yakima, WA?
Renters hold 46.2% of Yakima homes in ACS 2020-2024, and median gross rent is $1,117 a month. Yakima's tax code area 331 carries an $8.70831153 per $1,000 levy rate, or $17,416.62 a year on a $2,000,000 building, per the Yakima County Assessor.
What taxes come due when I sell commercial real estate in Yakima, WA?
The seller usually pays Washington's real estate excise tax, per the Department of Revenue. On a $2,000,000 sale beginning January 1, 2027, the state graduated portion is $31,208.50 and Yakima's 0.50% local rate adds $10,000, for $41,208.50.
Can Yakima pass its own rent control?
No. RCW 35.21.830 preempts rent control by Washington cities and towns, with exceptions for public and low-income properties. Statewide, the 2026 maximum increase is 9.683%, and RCW 59.18.140 requires 90 days' written notice before an increase.
How do Yakima rents compare with HUD's benchmark?
Yakima's median gross rent is $1,117 in ACS 2020-2024, $196 below HUD's FY2027 two-bedroom fair market rent of $1,313 for the Yakima, WA MSA. Owners who sell multifamily property in Yakima can show buyers that gap when modeling rents.
What drives demand for rental housing in Yakima?
Selling commercial property in Yakima, WA works best when sellers point to its 29,212 agriculture-sector jobs, MultiCare Yakima Memorial Hospital's 238 beds, and Yakima Valley College's 4,377 fall 2024 students, each figure drawn from an official county or state source.
Will you buy a Yakima property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Yakima apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Yakima with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Yakima?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Selling A Building In Yakima?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
