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Property Details for 8524 Broad St Moses Lake WA 98837

MLS # : 1300825

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Property Photo MLS #: 1300825
8524 Broad St Moses Lake WA 98837
Listing Number:   1300825
Listing Price:   $1,750,000
Type:   - Comm Bldg
Building Sq Ft:   27,960
Office Sq Ft:   432

Katz Realty, Inc.
509-725-1701
Courtesy:   Dune Lake Properties
-= Property Details =-
Commercial Type:   - Comm Bldg

Building
Features:   Sprinklered, Storage
Year Built:   2006
Approx. Building Sq Ft:   27,960
Approx. Office Sq Ft:   432
Roof:   Metal
Exterior:   Metal/Vinyl
Foundation:   Slab
Floor Covering:   Vinyl, Wall to Wall Carpet

Land
Lot Size:   5 Acres
Lot Size Source:   County
Lot Topography:   Level

Utilities
Energy Source:   Electric
Power Company:   Grant County PUD
Water Source:   Community
Water Company:   Community
Sewer:   Septic
Heating and Cooling:   Forced Air
-= Unit Details =-
Vacancy Rate:   10.00
-= Financial Information =-
Income
Gross Scheduled Income:   $146,994
Gross Adjusted Income:   $146,994

Expenses
Net Operating Costs:   $48,509
Insurance Expenses:   $3,100

Computation / Other
Cap Rate (NOI / Listing Price):   3.50
-= Location Information =-
Address:   8524 Broad St
City:   Moses Lake
State:   WA
Zip Code:   98837
Latitude:   47.15444500
Longitude:   -119.30973300
Driving Directions:   From HWY 17 turn on Airway Dr. turn east on Broad St 1/2 mile to property is on north side of rd.
-= Community Information =-
Community Name:   Upper Basin Homes
-= Assessor Information =-
County:   Grant
Tax Number:   170271001
General Zoning Classification:   Commercial
Zoning Jurisdiction:   County
Tax Amount:   $15,569   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $1,750,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1300825
Listing Status:   Active
Listing Office:   Dune Lake Properties
Co-listing Office:   Dune Lake Properties
Listing Date:   2018-05-30
Cumulative Days on Market*:   170
MLS Area:   297
Virtual Tour URL:   http://www.tourfactory.com/idxr1823265
Marketing Remarks:   Mega mini storage with 228 units. Fully fenced and gated. Additional parcel included with 1.88 acre. Buyer to verify uses with County. Fully fenced with gate for security as well as on site manager home and office. Great cash flow with approx. 90% occupancy.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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