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Moses Lake,WA 98837
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,378 sqft
Price per Sqft $178
Subdivision Peninsula
MLS Listing ID 2335852
Style 55 - 5-9 Units
Bedrooms 17
Year Built 2021
Annual Tax Amount $9,850
Lot Size 0.340 Acres
Property Sub-Type Multi-Family
Property Description
7 Plex Multifamily Opportunity. These “like new” units have been operating as successful short and mid term rentals. There are four 2 bed/2.5 lake view units at 1332 sq ft each and three 3 bed/2.5 bath units at 1350 sq ft each. All units have high end finishes such as granite and quartz countertops, upgraded cabinets, flooring and 2 tone paint. Laundry is in-unit. Main floor is open concept living with ½ bath. The bedrooms, some with spacious walk in closets and 2 full baths are upstairs. Proforma long term rentals show cap rate of 7%+, cash on cash 4%+. Close to I90, shopping, parks and services. Moses Lake and Grant county continue to have high demand for quality rental units.
Location
State WA
County Grant
Area 296 - Peninsula
Interior
Flooring Laminate,Carpet
Exterior
Exterior Feature Wood,Wood Products
Amenities Available Deck,High Speed Internet,Patio,Sprinkler System
View Y/N Yes
View Lake,Mountain(s),See Remarks,Territorial
Roof Type Composition
Building
Lot Description Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Moses Lake
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
Virtual Tour https://youtu.be/G9rnsdsFBeg