LISTING DETAILS

2729 W Marina Drive

2729 W Marina Dr Moses Lake WA 98837

Listing #: 714556 | Status: Available | Last Modified: 6/26/2026

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	0
Vacancy Factor %	0.00%
Operating Expenses	0
Net Operating Income	0
CAP Rate	6.08 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Building Information
Building Status	Existing
# of Buildings	2
# of Floors	2
# of Units	7
Total Building SF	9,900 SF
Net Rentable Area	9,378 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	14,996 SF
Acres	0.34
Year Built	2021

Property Type
Property Type	Multi-Family

Location
County	Grant
Market Area	Grant County
Tax ID #	314134000
Zoning	R-3

Marina7

Public Comments

Marina7 is a newer-construction 7-unit multifamily property located in Moses Lake. Built in 2021 across two buildings, the property features modern finishes, efficient operations, and limited near-term capital needs compared to older competing rental stock. Offered at $1.65M, it provides the opportunity for a stable multifamily asset priced at a 6.08% in-place cap rate and a 6.46% proforma cap rate. The property is well-positioned along Marina Drive facing the waterfront, with select units offering lake-facing views capable of achieving rent premiums. The surrounding area includes newer townhome-style rental product and nearby comparable assets that support both market rents and pricing. As one of Central Washington's key regional markets, Moses Lake benefits from a diverse employment base, essential services, and continued industrial and population growth.

2729 W Marina Drive
2729 W Marina Dr Moses Lake WA 98837

Listing #: 714556 | Status: Available | Listing Date: 6/25/2026 | Last Modified: 6/26/2026 | Email Listing

For Sale

2729 W Marina Drive

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