1701 Crouse st - Apartments FOR SALE


Moses Lake, WA 98837
$23,000,000 USD
509-895-5314
1701 Crouse st, Moses Lake, WA for Sale
$23,000,000 USD
Apartments - FOR SALE
1/6
null | 5.74% Cap Rate

1701 Crouse st
Moses Lake, WA 98837


HIGHLIGHTS

  • New construction
  • Community center with an exercise room
  • Kitchens include quartz countertops, stainless steel appliances and soft close solid cabinets

OVERVIEW

New build, four building, 96 unit apartment complex in Moses Lake. Sixteen 1 bedroom 1 bath, 48 2 bedroom 2 bath and 32 3 bedroom 2 bath units. The property is also known as 1842 W Broadway Ave. Construction was recently completed. The certificate of occupancy for the entire project was received in November 2025. As of November 2025, 20 units have been leased. See https://www.modernheightsml.com/ for more information on this beautiful newly built property.

FOR SALE DETAILS

PRICE

$23,000,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

96

PRICE/UNIT

$239,583

CAP RATE

5.74%

% LEASED

21%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Modern Heights

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.13 AC

LAND SF

179,903 SF

ZONING

R-3

APN/PARCEL ID

112102000

ASK ABOUT THIS PROPERTY

Matthew RussellAAI Real EstateMore Info
509-895-5314

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Matthew RussellAAI Real EstateMore Info
509-895-5314

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