1213, 1233, 1315 and 1331 Nanto Rd NE (Status: Available) 3500000

1213, Nanto Rd, Moses Lake, WA  98837

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, each at $2,500 per month. The tenants are corporate tenants. There is an agreement with the corporate tenants to provide these units for 3 years at a minimum. There is also a rental growth opportunity when the annual leases renew in 2024 of $300 per month per unit. This provides a roughly 12% increase in equity mid-2024.

Listing Details

Asset Class: Multi-Family
Year Built: 2022
Building Total Square Feet: 12568
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: UR2

Listing Courtesy of: AAI Real Estate, LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.