Nanto Rd. Moses Lake Duplexes
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Nanto Rd. Moses Lake Duplexes
4 Residential Properties Offered at £2,741,550 in Moses Lake, WA
Investment Highlights
- New Build in 2022
- Tenants are Corporate Tenants
- Opportunity to Increase Rents to Market
- Fully Occupied
- Adjacent to Golf Course - Great Views!
- ***Current loan assumable to qualified buyers***
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. All units are fully occupied on 12 month leases. All leases have renewed to $2,750 per month. The tenants are corporate tenants are on a 5 year agreement.
*Current loan is assumable for qualified buyers with an interest rate of 5.80%*
*Current loan is assumable for qualified buyers with an interest rate of 5.80%*
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | £2,741,550 | Status | Active |
| Price / SF | £77.97 / SF | Number of Properties | 4 |
| Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
| Net Initial Yield | 6.09% | Total Building Size | 35,160 SF |
| Sale Type | Investment | Total Land Area | 2.35 AC |
| Price | £2,741,550 |
| Price / SF | £77.97 / SF |
| Sale Conditions | Portfolio Sale |
| Net Initial Yield | 6.09% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 35,160 SF |
| Total Land Area | 2.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1213 Nanto Rd NE, Moses Lake, WA 98837 | Residential | 3,142 SF | 2022 | - |
| 1233 Nanto rd, Moses Lake, WA 98837 | Residential | 3,142 SF | 2022 | - |
| 1315 Nanto rd, Moses Lake, WA 98837 | Residential | 25,734 SF | 2022 | - |
| 1331 Nanto rd, Moses Lake, WA 98837 | Residential | 3,142 SF | 2022 | - |
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Nanto Rd. Moses Lake Duplexes
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