The Investment Sales Group is pleased to present 1029 South Division St, a 10-unit building located in the heart of Moses Lake. This $1,250,000 investment property offers high-quality living with amenities such as a coin-operated laundry facility, along with modernized infrastructure, including copper plumbing and updated electrical systems that ensure longterm reliability. The property is renovated, with 9 out of 10 units currently upgraded, offering tenants a premium living experience. The property is situated in a growing area of Moses Lake, just 0.3 miles from the Moses Lake waterfront and McCosh Park, providing residents with exceptional access to the city’s recreational spaces. The region benefits from a rapidly expanding battery manufacturing district, ensuring a strong influx of labor and economic growth. With renovated rents forecasted to increase by 7.37%, the property offers strong potential for both stability and growth, with a 5.78% current cap rate and a market cap of 6.41%. The current GRM is 10.81, and the market GRM stands at 8.94, indicating strong rental income potential and attractive investment returns. The opportunity to fully renovate the final unit provides additional upside potential for investors seeking future growth.