2729 W Marina Drive
Moses Lake, WA 98837
9378 sqft | 0.34 acres | #2335852

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.
Property Details
- Exterior FeaturesDeck, High Speed Internet, Patio, Sprinkler System
- ViewLake, Mountain(s), See Remarks, Territorial
- InteriorLaminate Hardwood, Wall to Wall Carpet
- Lot DescriptionCurbs, Paved, Sidewalk
- Exterior MaterialsWood, Wood Products
- Date ListedFebruary 24, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Style55 - 5-9 Units
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- School DistrictMoses Lake
- Original List Price$1,675,000
- SubdivisionPeninsula
- Property ConditionVery Good
- MLS #2335852
- Cost1675000
- MLS #2335852
- Utility SourcePublic
- Taxes Annual$9,850
- CountyGrant
- Acres0.34
- Square Feet9378
- Year Built2021
- Days on Market (Cumulative)10
- Stories2
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-05 17:27:10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Lorene Fitterer (#NWM113769)
Listing Office: Moses Lake Realty Group (#NWM4611)

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