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Crouse St Apartments

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Crouse St Apartments

1701 W Crouse St, Moses Lake, WA 98837
Multi-Family For Sale Available Cap Rate 6.16% 3 floors Zoning: R3
Asking Price
$21,000,000
Total Building107,344 SF
Available105,808 SF avail
Land303,178 SF land
ConstructionMasonry
MarketGrant County
CountyGrant

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Overview

Property ID
297373
Listing ID
672573
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R3

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 received final certificate of occupancy in November 2025. They have 20.8% occupancy as of November 26, 2025 and is continuing to lease up. https://www.modernheightsml.com/Property Highlights*New Build*Four identical 24-unit, three story apartment buildings plus a central clubhouse*Patio / balcony for each unit*Closet with washer and dryer*Kitchens include quartz counte

Listing Courtesy of:

MR
Matthew Russell
AAI Real Estate, LLC
819 S 72nd Ave,
Yakima, WA 98908
State: WA City: Moses Lake ZIP: 98837 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.