Residential Income in Moses Lake

$1,180,000

4413 Circle, 98837, Moses Lake, WA

Residential Income for sale in Moses Lake, 4413 Circle, 98837

4413 Circle, 98837, Moses Lake, WA

$1,180,000

Type: Residential Income

Description

Portfolio investment opportunity! 9 units total includes 5 buildings (4x2 units and 1 single family) on 3 parcels, over an acre with space to build. Currently 100% occupied and many of the units have been recently updated. With all 9 units rented and strong in-place performance (6.96% current cap) and attractive income metrics (11.56 current GRM). Tenants pay utilities and the property is managed. Conveniently located between the fair grounds and Highway 17 off of Airway drive in Moses Lake's Urban Growth Area.

Location

4413 Circle, 98837, Moses Lake, WA

Data

Object TypeResidential Income
Purchase Price$1,180,000
Living Space0 m²
Plot Size1437.49 m²
BathroomsN/A
Construction Year2005
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Forced Air, Wall Furnace
Primary Energy SourceN/A
Construction Year2005
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent