Cornell Townhouses, a 20-unit multifamily community located at 1012 Cornell in Yakima, Washington, has sold for $2,070,000. Vice President Max Frame of the Simon | Anderson Multifamily Team at Kidder Mathews represented the seller and sourced the buyer prior to the property coming to market.
Built in 1975, Cornell Townhouses has been under the same ownership since 1980. The gated community features 20 spacious two-story townhomes, each offering approximately 1,100 square feet of living space with in-unit laundry. The property also provides on-site parking for residents.
“This transaction highlights continued investor interest in well-located multifamily communities in Yakima,” said Frame. “Cornell Townhouses’ strong rental fundamentals and long-term ownership made it an attractive opportunity for the buyer.”
About Max Frame
Working out of Kidder Mathews’ headquarters in Seattle, Washington, Max specializes in representing sellers and buyers in the sale of Eastern Washington apartments. Born and raised in Eastern Washington, Max combines his local knowledge and expertise of these markets with Kidder Mathews’ national exposure and outreach. Max works with Executive Vice Presidents Dylan Simon and Jerrid Anderson of the Simon and Anderson team.
About the Simon | Anderson Multifamily Team
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale and purchase of apartment buildings and development land across the entire State of Washington. The team of 12 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
