Multifamily Property For Sale - Cascade Communities

4301 Ottmar Rd NE, Moses Lake, WA, 98837

 
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Multifamily For Sale
Moses Lake, WA
Washington

Cascade Communities

 

4301 Ottmar Rd NE

Moses Lake, Washington 98837
County: Grant
 
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  For Sale Active  
Type:Multifamily
Mobile Home/RV Community
No. Spaces:125
Lot Size:23.55 Acres
Occupancy:95.00%
Price:$2,950,000
Price/Space:$23,600
Cap Rate:8.70%
Date Last
Verified:		12/10/2008
Property ID:15761189
 
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 Additional Information 

Property Description:
Increased occupancy on this property. Cap Rate Now 8.72%. Three parks within .3 mile of each other with a total of 125 rentable spaces to be sold as a package. All managed by one manager. Two star rated parks with gravel roads. Most homes are older, well maintained singlewides. One park is 55+. Each property has its own private well and septic system. Contact agent for complete package.

Location Description:
Located in Grant County just outside the boundaries of Moses Lake.

6/16/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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