1701 West Crouse Street
Moses Lake, WA 98837
$26,000,000
Price
—
Beds
107,344 Sq. Ft.
$242 / Sq. Ft.
107,344
Sq. Ft.
$242
per Sq. Ft.
Listing provided courtesy of AAI Real Estate LLC
Description
This is a great investment opportunity to get into a growing market with a brand new build. The Moses Lake market is continuing to grow with the addition of new battery plants being constructed in town. This is a new build, four building, 96 unit apartment complex in Moses Lake plus a central clubhouse building. Sixteen 1 bedroom 1 bath, forty-eight 2 bedroom 2 bath and thirty-two 3 bedroom 2 bath units. The property is still under construction with the certificate of occupancy expected September...This is a great investment opportunity to get into a growing market with a brand new build. The Moses Lake market is continuing to grow with the addition of new battery plants being constructed in town. This is a new build, four building, 96 unit apartment complex in Moses Lake plus a central clubhouse building. Sixteen 1 bedroom 1 bath, forty-eight 2 bedroom 2 bath and thirty-two 3 bedroom 2 bath units. The property is still under construction with the certificate of occupancy expected September 2024. Owner/Builder is looking to sell now contingent upon completion of construction.
- Listed by Matthew Russell • AAI Real Estate LLC
Property Details for 1701 West Crouse Street
Community Name
Moses Lake
School DistrictMoses Lake
Number of Assigned Spaces161
Total Covered Parking0
Entry Date07-26-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:58 AM
Property Details for 1701 West Crouse Street
| Status | Active |
|---|---|
| MLS # | 2270593 |
| Days on Market | 119 |
| Cumulative Days on Market | 302 |
| Taxes | $86,400 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 4.13 AC / 179,903 SF |
| County | Grant County |
Building Information for 1701 West Crouse Street
Stories3Residences96Year Built2024Building Size-Lot Size4.13 AC / 179,903 SF
Property Information for 1701 West Crouse Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 299 - West Moses Lake
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: See Remarks
- Directions: East I-90 take exit 176 to I-90BL/WA-171 E. Turn left onto I-90BL/WA-171 E, then turn left onto S Gibby Rd., then turn left onto W Fern Dr.. W Fern Dr. turns right and becomes W Crouse St.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 161.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl Plank
- New Construction: Under Construction
- Amenities: Clubhouse,Fire Sprinklers
- Cooling: Yes
- Cooling: Ductless HP-Mini Split
- Fireplace: No
- Heating: Yes
- Heating: Ductless HP-Mini Split
Exterior Features
- Exterior: Metal/Vinyl
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 48000
- Power Production Type: Electric
Property and Assessments
- New Construction YN: Yes
- Zoning Jurisdiction: City
- Foundation: Slab
- Estimated Completion Date: 2023-11-01
- First Right Of Refusal: false
- MLS Square Footage Source: Plans
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2024
- Photos Count: 5
Lot Information
- Lot Size Source: Public Recrods
- Parcel Number Free Text: 112102000
- Building Condition: Under Construction
- Calculated Square Footage: 107344
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 107344.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 161
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 96
- Units Below Grade: false
- Units In Building Total: 96
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 528832
- Gross Adjusted Income: 2035200
- Gross Rent Multiplier: 12.58
- Gross Scheduled Income: $2,067,200
- Insurance Expense: $57,600
- Net Operating Income: $1,538,368
- Other Expenses: $336,832
- Total Monthly Income: 172267
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Presale
- Leasable Area: 105808.0
- Leasable Area Units: Square Feet
Property History for 1701 West Crouse Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1701 West Crouse Street
Taxable ValueLand$493,318Additions-Total$493,318
Home Facts
Beds0Lot Size179,903 SqFtStyleResidentialCountyGRANTAPN112102000
Schools near 1701 West Crouse Street
This home is within Moses Lake School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sage Point Elementary School PublicK to 5 | ||
Frontier Middle School Public6 to 8 | ||
Moses Lake High School Public9 to 12 | ||
Vanguard Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of AAI Real Estate LLC
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
