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2729 West Marina Drive
Moses Lake, WA 98837
Asking Price
$1.65M
Cap Rate
6.08%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Turnkey 2021 Construction | 7-Unit Multifamily <p><span style="color: rgba(10, 10, 10, 1)">Premium Build & Location</span></p><p><span style="color: rgba(99, 96, 96, 1)">Built in 2021 with modern finishes, efficient systems, and a great Marina Drive location facing the lake, select units offer waterfront views capable of achieving rent premiums.</span></p><h4></h4><p><span style="color: rgba(10, 10, 10, 1)">Stable Marina Drive Asset</span></p><p><span style="color: rgba(99, 96, 96, 1)">The 7-unit property is located across two buildings on W
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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597
