Moses Lake Investor Acquires Campus Village Apartments In Ellensburg For $4.5M
925 East 18th Avenue
$4,500,000
$144/SF
Building Size
31,200 SF
Asset Type
MultiFamily
Closing
Jul 31, 2026
AI
Campus Village Apartments is a 41-unit multifamily property located at 925 East 18th Avenue in Ellensburg, WA. The property was sold for $4.5 million, with a total square footage of 31,200, equating to a price per square foot of $144. The transaction recorded a price per unit of $109,756.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,500,000
- Square Footage: 31,200
- Price Per Square Foot: $144
- Units: 41
- Price Per Unit: $109,756
Max Frame from Kidder Mathews represented the seller in this transaction. The buyer is a Moses Lake-based investor who is expanding into the Ellensburg market.
Players
Avenue MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93