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Cottonwood Flats

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Cottonwood Flats

4278 Grape Dr NE, Moses Lake, WA 98837
Multi-Family For Sale Available Cap Rate 5.19% Built 1955 1 floors Zoning: R2
Asking Price
$3,800,000
Total Building17,075 SF
Available17,075 SF avail
Land143,748 SF land
MarketGrant County
CountyGrant

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Overview

Property ID
305934
Listing ID
707206
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R2

Description

Located on 4278 Grape Drive NE in Moses Lake, this multifamily asset offers a compelling opportunity for investors seeking scalable upside in a fundamentally strong Eastern Washington market. The property has already been expanded from 36 to 39 units, with preliminary discussions indicating the potential to add as many as six more units through new construction or adaptive reuse—subject to verification. This density upside, combined with light operational and physical improvements, makes the offering an ideal fit for buyers targeting value creation without heavy lift.

Listing Courtesy of:

MF
Mason Fiascone
The Paragon Group
1100 Jadwin Avenue,
Richland, Wa 99352
State: WA City: Moses Lake ZIP: 98837 Type: For Sale

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