Number of Units:   9
Features:   Cabana/Gazebo, High Speed Internet, Outbuildings, Sprinkler System
Vacancy Rate:   5.00

Financial
Electrical Expenses:   $2,419
Water/Sewer/Garbage:   $3,158
Insurance Expenses:   $4,704
Total Expeses:   $19,665
Total Monthly Income:   $7,500
Net Operating Income:   $70,335
Gross Adjusted Income:   $70,335
Gross Scheduled Income:   $90,000
Cap Rate (NOI / Listing Price):   $5.20
Gross Rent Multiplier:   $15.00

-= Building Details =-

Year Built:   1959
Effective Year Built:   1959
Effective Year Built Source:   Public Records
Building Condition:   Fair
Number of Stories:   1
Roof:   Composition, Metal
Exterior:   Wood, Wood Products
Floor Covering:   Vinyl, Vinyl Plank, Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   4,980
Leased Items:   None

-= Unit Details =-

-= Site Details =-

Lot Size:   3.47 Acres
Lot Size Source:   County
Lot Details:   Alley, Paved, Secluded
View:   Lake, Territorial

Utilities
Water Front:   Low Bank
Energy Source:   Electric
Power Company:   Grant County PUD
Sewer Company:   Septic
Water Company:   Private Well
Water Source:   Individual Well, Lake, Private

Parking
Number of Uncovered Parking Spaces:   20
Total Number of Parking Spaces:   9

-= Location Information =-

Address:   510 N Fig Street, Moses Lake, WA 98837
City:   Moses Lake
State:
Zip Code:   98837
Latitude:   47.13660500
Longitude:   -119.27333300
Driving Directions:   Broadway to Broadway Extended, left onto gravel road, Fig.

-= Community Information =-

Community Name: Downtown
School District: Moses Lake

-= Assessor Information =-

County:   Grant
Tax Number:   110475113
Zoning Jurisdiction:   City
Tax Amount:   $9,384   Tax amount may change after sale.
Tax Year:   2025

-= Purchase Information =-

Listing Price:   $1,350,000
Potential Terms:   Cash Out, Conventional, FHA, USDA Loan, VA Loan
3rd Party Approval Required:   None
Possession Allowed:   Closing, Subject to Tenant Rights
Preliminary Title Ordered:   Yes

-= MLS Listing Details =-

Listing Number:   2416674
Listing Status:   Active
Listing Office:   Nest Realty Company
Co-listing Office:   Nest Realty Company
Listing Date:   2025-08-04
MLS Area:   Peninsula
Lot Size Source:   County
Marketing Remarks:   Lakefront 9plex for sale. Exterior features include bulkhead & plenty of waterfront. 2 private wells to service the property, large maintenance outbuilding & hidden gazebo. Interior features include high speed internet, appliances, a few updated units.

-= Multiple Listing Service =-

-= 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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