Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
30 Cherry Street S # 30
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase at $350,000.
- The property encompasses four individual cabins on the lot.
- The site occupies a 9,997 square foot land parcel.
- Current investment valuation reflects a 4.51% cap rate.
- Well-suited for short-term rental operations or private use.
What's Special
Priced at $350,000, this multifamily apartment building in Soap Lake, Washington, features a 4-cabin configuration on a 9,997 square foot lot. The property operates with a 4.51% cap rate, making it a viable consideration for investors looking to enter the regional rental market. Situated in Grant County, the site takes advantage of the natural allure of the area, which is known for its mineral-rich waters and a steady influx of seasonal visitors. Investors can utilize this asset as a dedicated short-term rental business or a private lakeside retreat. The unique layout offers flexibility for operators focused on tourism-driven lodging or long-term residential housing. The location provides access to a growing submarket where demand for specialized cabin-style accommodations remains consistent. Its scale and current usage profile align with acquisition strategies for buyers seeking smaller, manageable residential investment properties in Washington state.
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.