1213 NE Nanto Road Moses Lake, WA $ 3,500,000
1213 NE Nanto Road
$ 3,500,000
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1213 NE Nanto Road

Moses Lake, WA, 98837
$ 3,500,000
Baths0.0 Sq 11,880

Monthly Estimate*

$ 24,449

Listed by AAI Real Estate LLC
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 1
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 2
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 3
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 4
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 5
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 6
1213 NE Nanto Road, Moses Lake, WA 98837 - Image 7
Studio

Multi-Family Home for sale in Moses Lake, WA

for $3,500,000. This 11,880 square foot home was built in 2022 on a lot size of 1.32.

Great investment opportunity! Multifamily, Portfolio of Duplexes for Sale. Featuring four duplexes situated on Moses Lake Golf Club where each unit includes spacious living areas, modern amenities, and ample parking space. Potential increase in NOI with the leases coming this year to be renewed at higher rental rates, making Nanto Duplexes an attractive investment option for both seasoned investors and first-time buyers. The financing is assumable for the right buyer. The current tenants are corporate tenants with a 3 year need for their housing needs. Don't miss out on this fantastic opportunity to own Nanto Duplexes in Moses Lake, WA. Contact us today for more information on this multifamily portfolio of properties for sale.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,807

Style

Duplex

Lot Size

1.32

Year Built

2022

Town/City

Moses Lake

County/Region

Grant

MLS | Web ID

2191239

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling Heat Pump
Possession Closing
Roof Composition
Exterior Features Brick
HOA 6000
Year Built 2022
View Golf Course
Property SubType Multi-Family
Tax Year 2024
Assoc Fee Paid Per Annually
County Grant
Net Operating Income 187193
Insurance Expense 4000
New Construction N
Property Type Residential Income
HOA / Comm Assn Y
Subdivision Name Moses Lake
Possible Use Residential
Special Listing Conditions None
Status Active
Directions West I-90 take exit 174 to North Frontage Road. Travel west on North Frontage Road to F.2. Right on Nanto.
High School Buyer To Verify
City Moses Lake
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Moses Lake
Open Parking Spaces 24
Total Units 8
MLS Area 299 - West Moses Lake
Lot Size Square Feet 57499
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Nanto
Listing Terms Assumable Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 14807
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Great investment opportunity! Multifamily Portfolio of Duplexes for Sale. Featuring four duplexes situated on Moses Lake Golf Club where each unit includes spacious living areas modern amenities and
Leasable Area 11880
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks
Units Below Grade false
Units In Building Total 8
Zoning Class Residential
Water Sewer Garbage 6000
Property Style 52 - Duplex
Cap Rate 5.2
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Interior
Flooring See Remarks Carpet
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Cul-De-Sac
Water Source Public
Total Parking 32
Foundation Details Slab
Building Area Total 11880
Lot Dimensions 57499.2
Lot Size Acres 1.32
Lot Size Units Square Feet
Covered Spaces 8
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 24
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Internal Only
OriginalMLSID NWM2191239
Street Number 1 1213
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* Excluded Features
List By
Matthew Russell

Listing Agent

Aai Real Estate Llc

Broker

Affordability Calculator

$25,682
Per Month
95%
5%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$1,234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100266 Elementary School
3100065 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$3,500,000 -2.78% Price Down
1/13/2024$3,600,000 Listed Price

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1213 NE Nanto Road, Moses Lake, WA, 98837 is a Multi-Family Home for sale at $3,500,000 with 11,880 sqft and a lot size of 1.32. 1213 NE Nanto Road is a studio with 0.0 baths and was built in 2022. The property's zip code is 98837 which is in Moses Lake, WA