Property Description

7 Plex Multifamily Opportunity. These “like new” units have been operating as successful short and mid term rentals. There are four 2 bed/2.5 lake view units at 1332 sq ft each and three 3 bed/2.5 bath units at 1350 sq ft each. All units have high end finishes such as granite and quartz countertops, upgraded cabinets, flooring and 2 tone paint. Laundry is in-unit. Main floor is open concept living with 1⁄2 bath. The bedrooms, some with spacious walk in closets and 2 full baths are upstairs. Proforma long term rentals show cap rate of 7%+, cash on cash 4%+. Close to I90, shopping, parks and services. Moses Lake and Grant county continue to have high demand for quality rental units.

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Lorene Fitterer