1701 West Crouse Street

Moses Lake, WA 98837

$26,000,000
Price
208
Beds
176
Baths
107,344 Sq. Ft.
$242 / Sq. Ft.
107,344
Sq. Ft.
$242
per Sq. Ft.

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.
  1. Listed by Matthew Russell • AAI Real Estate LLC
  2. Listed by Bob Schefter • AAI Real Estate LLC

Property Details for 1701 West Crouse Street

Community Name
Moses Lake
School District
Moses Lake
Number of Assigned Spaces
161
Total Covered Parking
0
Entry Date
01-13-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of AAI Real Estate LLC
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LISTING UPDATED: 04/15/2024 10:32 AM

Property Details for 1701 West Crouse Street

StatusActive
MLS #2191252
Days on Market111
Cumulative Days on Market111
Taxes$86,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size4.13 AC / 179,903 SF
CountyGrant County

Location

Listing Courtesy of AAI Real Estate LLC
Add your commute

Building Information for 1701 West Crouse Street

Stories3Residences96Year Built2024Building Size-Lot Size4.13 AC / 179,903 SF

Payment Calculator

$149,093 per month

30 year fixed, 7.25% Interest

Principal and Interest

$141,893

Property Taxes

$7,200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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
Interior Features
  • 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
  • FIRPTA: No
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: 8
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
Unit 1
  • Name Unit 1: A #1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 866
  • Rent Unit 1: $1,550.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: A #2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 866
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: A #3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 866
  • Rent Unit 3: $1,550.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: A #4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 866
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: A #5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1137
  • Rent Unit 5: $1,750.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: A #6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1137
  • Rent Unit 6: $1,750.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: A #7
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 1137
  • Rent Unit 7: $1,750.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: A #8
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 1137
  • Rent Unit 8: $1,750.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 2
Unit 9
  • Name Unit 9: A #9
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 1137
  • Rent Unit 9: $1,750.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 2
Unit 10
  • Name Unit 10: A #10
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 1137
  • Rent Unit 10: $1,750.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 2
Unit 11
  • Name Unit 11: A #11
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 1137
  • Rent Unit 11: $1,750.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 2
Unit 12
  • Name Unit 12: A #12
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 1137
  • Rent Unit 12: $1,750.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 2
Unit 13
  • Name Unit 13: A #13
  • Washer/Dryer Unit 13: true
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 1137
  • Rent Unit 13: $1,750.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 2
Unit 14
  • Name Unit 14: A #14
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 1137
  • Rent Unit 14: $1,750.00
  • Bedrooms Unit 14: 2
  • Bathrooms Unit 14: 2
Unit 15
  • Name Unit 15: A #15
  • Washer/Dryer Unit 15: true
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 1137
  • Rent Unit 15: $1,750.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 2
Unit 16
  • Name Unit 16: A #16
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 1137
  • Rent Unit 16: $1,750.00
  • Bedrooms Unit 16: 2
  • Bathrooms Unit 16: 2
Unit 17
  • Name Unit 17: A #17
  • Washer/Dryer Unit 17: true
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: true
  • Square Feet Unit 17: 1168
  • Rent Unit 17: $1,900.00
  • Bedrooms Unit 17: 3
  • Bathrooms Unit 17: 2
Unit 18
  • Name Unit 18: A #18
  • Washer/Dryer Unit 18: true
  • Range/Oven Unit 18: true
  • Refrigerator Unit 18: true
  • Dishwasher Unit 18: true
  • Square Feet Unit 18: 1168
  • Rent Unit 18: $1,900.00
  • Bedrooms Unit 18: 3
  • Bathrooms Unit 18: 2
Unit 19
  • Name Unit 19: A #19
  • Washer/Dryer Unit 19: true
  • Range/Oven Unit 19: true
  • Refrigerator Unit 19: true
  • Dishwasher Unit 19: true
  • Square Feet Unit 19: 1168
  • Rent Unit 19: $1,900.00
  • Bedrooms Unit 19: 3
  • Bathrooms Unit 19: 2
Unit 20
  • Name Unit 20: A #20
  • Washer/Dryer Unit 20: true
  • Range/Oven Unit 20: true
  • Refrigerator Unit 20: true
  • Dishwasher Unit 20: true
  • Square Feet Unit 20: 1168
  • Rent Unit 20: $1,900.00
  • Bedrooms Unit 20: 3
  • Bathrooms Unit 20: 2
Unit 21
  • Name Unit 21: A #21
  • Washer/Dryer Unit 21: true
  • Range/Oven Unit 21: true
  • Refrigerator Unit 21: true
  • Dishwasher Unit 21: true
  • Square Feet Unit 21: 1168
  • Rent Unit 21: $1,900.00
  • Bedrooms Unit 21: 3
  • Bathrooms Unit 21: 2
Unit 22
  • Name Unit 22: A #22
  • Washer/Dryer Unit 22: true
  • Range/Oven Unit 22: true
  • Refrigerator Unit 22: true
  • Dishwasher Unit 22: true
  • Square Feet Unit 22: 1168
  • Rent Unit 22: $1,900.00
  • Bedrooms Unit 22: 3
  • Bathrooms Unit 22: 2
Unit 23
  • Name Unit 23: A #23
  • Washer/Dryer Unit 23: true
  • Range/Oven Unit 23: true
  • Refrigerator Unit 23: true
  • Dishwasher Unit 23: true
  • Square Feet Unit 23: 1168
  • Rent Unit 23: $1,900.00
  • Bedrooms Unit 23: 3
  • Bathrooms Unit 23: 2
Unit 24
  • Name Unit 24: A #24
  • Washer/Dryer Unit 24: true
  • Range/Oven Unit 24: true
  • Refrigerator Unit 24: true
  • Dishwasher Unit 24: true
  • Square Feet Unit 24: 1168
  • Rent Unit 24: $1,900.00
  • Bedrooms Unit 24: 3
  • Bathrooms Unit 24: 2
Unit 25
  • Name Unit 25: B #1
  • Washer/Dryer Unit 25: true
  • Range/Oven Unit 25: true
  • Refrigerator Unit 25: true
  • Dishwasher Unit 25: true
  • Square Feet Unit 25: 866
  • Rent Unit 25: $1,550.00
  • Bedrooms Unit 25: 1
  • Bathrooms Unit 25: 1
Rental
Rent Information
  • Occupant Type: Presale
  • Leasable Area: 105808.0
  • Leasable Area Units: Square Feet

Property History for 1701 West Crouse Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Skill Source Learning Center
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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1701 West Crouse Street is a multi-family home for sale in Moses Lake, WA 98837. This property was listed for sale on January 13, 2024 by AAI Real Estate LLC, it's currently listed at $26,000,000. It has been on the market for a total of 111 days and was last sold on March 26, 2021. This listing's school district is Moses Lake School District. Nearby schools include Sage Point Elementary School, Frontier Middle School and Moses Lake High School. 1701 West Crouse Street is a 208-bed, 176-bath, 107,344 sqft multi-family home built in 2024.

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. 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.