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.
Listing Provided Courtesy of Lorene Fitterer, Moses Lake Realty Group
General Information
NWM2335852
Multi Family
49
DOM
0.34 acres
9378
2021
Multi-F
Grant
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Lorene Fitterer, Moses Lake Realty Group
Krishna Realty data last checked: Jun 02, 2025 18:32 | Listing last modified Apr 23, 2025 23:00,
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Residence Information
9378
Composition
55 - 5-9 Units
2021
Poured Concrete
Features and Utilities
Laminate Hardwood, Wall to Wall Carpet
Wood, Wood Products
Public
Sewer Connected
0
Financial
9850
Cash Out, Conventional
02-24-2025
Comparable Information
49
49
Cash Out, Conventional
$1,675,000
$1,675,000
Apr 23, 2025 23:00
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
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.
