116 E Hill Ave - Multi-Family FOR SALE


Moses Lake, WA 98837
$2,475,000 USD
509-750-7119
116 E Hill Ave, Moses Lake, WA for Sale
$2,475,000 USD
Multi-Family - FOR SALE
1/14
null | 7.86% Cap Rate

116 E Hill Ave
Moses Lake, WA 98837


HIGHLIGHTS

  • Main Street in Moses Lake
  • New Paint & New Windows
  • Underground Sprinklers w/ Front & Rear Parking

OVERVIEW

Investment Opportunity! 20 (2 bed 1 bath) units minutes from downtown situated on a large corner lot. Exterior features include new paint, new windows, underground sprinklers with parking in the front & back. Interior features include a laundry area, laminate flooring upgraded in a few units and storage room.

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

20

PRICE/UNIT

$123,750

CAP RATE

7.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Brick Apartments

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,590 SF

ZONING

-

APN/PARCEL ID

100144000

ASK ABOUT THIS PROPERTY

Blake RollinsNest Realty CompanyMore Info
509-750-7119

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Blake RollinsNest Realty CompanyMore Info
509-750-7119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.