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1315 Nanto rd 8 Unit Apartment Building $3,400,000 ($425,000/Unit) 6.27% Cap Rate Moses Lake, WA 98837
Investment Highlights
- Golf-Course Location
Executive Summary
Four newly built, beautiful duplexes located on a golf course in Moses Lake. Each of the 8 units are identical, with 1,571 square feet, 2 bedrooms, an office that can be converted to a bedroom, and 2 baths. Modern interiors with granite countertops. Each unit has full washer / dryer.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,400,000 | Apartment Style | Garden |
| Price Per Unit | $425,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.34 AC |
| Cap Rate | 6.27% | Building Size | 12,568 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Price | $3,400,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.34 AC |
| Building Size | 12,568 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Granite Countertops
- Island Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,571 |
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $2,320,501 | |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,320,501
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1315 Nanto rd
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