Commercial MFRs in Yakima--what to look for to qualify a deal

[Pete M.]

Hi all,

Evaluating an opportunity in Yakima on an 8-unit, and curious as to feedback from others on what the norms are for cashflow per door, cost per unit (these are 2/1 units), and cap rates for the area (plus other relevant factors I'm likely missing).  I'm still waiting on documentation from the seller, so don't have specifics to provide yet, but wanting to set my expectations and understand the norms to evaluate against.

Thanks in advance.