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Investment Highlights

  • Lakefront
  • Lakefront Gazebo
  • Quiet Community
  • Hidden gazebo

Executive Summary

Lakefront 9plex for sale. Exterior features include bulkhead & plenty of waterfront. 2 private wells to service the property, large maintenance outbuilding & hidden gazebo. Interior features include high speed internet, appliances, and a few updated units.

Property Facts

Price $1,350,000
Price Per Unit $150,000
Sale Type Investment
Cap Rate 5.21%
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 3.47 AC
Building Size 4,980 SF
No. Stories 1
Year Built 1959

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Walking/Biking Trails
  • Storage Space
  • Public Transportation
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 - 600
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
110475113
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$764,740
  • Listing ID: 37240016

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 510 Fig St, Moses Lake, WA 98837

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