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13321005
13321006

1213 Rd F .2 NE, Moses Lake, WA 98837 For Sale

MR
WA 23003763
AAI Real Estate
Listed by AAI Real Estate
$3,400,000
1008 days on market
Updated 110 days ago

Nanto Duplexes

Details
Property Type Multifamily
Sub Type Duplex
Net Rentable (SqFt) 12,568
Units 8
Cap Rate 5.83%
NOI $198,055
Occupancy 100%
Pro-Forma Cap Rate 6.01%
Pro-Forma NOI $204,458
Broker Co-Op Yes
Class A
Year Built 2022
Buildings 4
Stories 1
Zoning 18-Residential
Investment Type Stabilized

Low Maintenace Quality Duplexes Located on Moses Lake Golf Club

Marketing description

Nanto Duplexes - Multifamily, Porfolio of Duplexes for Sale. Welcome to Nanto Duplexes, prime multifamily properties located at 1213, 1233, 1315 & 1331 NE Nanto Rd., Moses Lake, WA 98837. Featuring four duplexes (total of 8 units) situated on Moses Lake Golf CLub, these properties offer a unique investment opportunity. Each unit includes spacious living areas, modern amenities, and ample parking space. Conveniently located, these properties enjoy easy access to major highways, schools, shopping centers, and recreational facilities, making it an ideal location for tenants seeking a peaceful and convenient lifestyle. Additionally, the surrounding demographics provide a strong tenant pool, ensuring consistent occupancy rates. Don't miss out on this fantastic opportunity to own Nanto Duplexes in Moses Lake, WA. Contact us today for more information on this multifamily portfolio of properties for sale.

Investment highlights

Property Highlights

  • New Build

  • Four identical duplexes on the golf course

  • Garage for each unit

  • Washer and dryer

  • Kitchens include quartz countertops, stainless steel appliances and soft close solid cabinets

Offering Summary

  • Sale Price: $3,400,000

  • Number of Units: 8

  • Lot Size: 1.32 Acres

  • Building Size: 12,568 SF

  • Current loan could be assumed for the right buyer with an interest rate of 5.80%

Listing Contacts

MR
WA 23003763
AAI Real Estate
Listed by AAI Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$198,055.00
$16,504.58/mo

Valuation Metrics

0
DSCR
5.83%
Cap Rate
5.83%
ROI

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