$1,675,000
For Sale

2729 W Marina Drive

Moses Lake, WA 98837
9378 sqft | 0.34 acres | #2335852
Listing OfficeMoses Lake Realty Group
Browse 40 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

Tom McGoughReal Estate Group

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