1315 Nanto rd - Apartments FOR SALE


Moses Lake, WA 98837
$3,400,000 USD
509-895-5314
1315 Nanto rd, Moses Lake, WA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/5
null | 6.27% Cap Rate

1315 Nanto rd
Moses Lake, WA 98837


OVERVIEW

Four newly built, beautiful duplexes located on a golf course in Moses Lake. Each of the 8 units are identical, with 1,571 square feet, 2 bedrooms, an office that can be converted to a bedroom, and 2 baths. Modern interiors with granite countertops. Each unit has full washer / dryer. All units are fully occupied on 12 month leases, each at $2,500 per month. The tenants are corporate tenants.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$271 USD /SF

# OF UNITS

8

PRICE/UNIT

$425,000

CAP RATE

6.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,564 SF

ZONING

-

APN/PARCEL ID

121980000,121981000,121985000,121986000

ASK ABOUT THIS PROPERTY

Matthew RussellAAI Real EstateMore Info
509-895-5314

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Matthew RussellAAI Real EstateMore Info
509-895-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.