Maple Landing Development Site
A 7.7-acre fully designed and entitled development site in Moses Lake offering a streamlined executing profile in one of Central Washington's most dependable workforce rental markets.
Fully Designed & Entitled Development Site
With 120 units fully entitled and a permit-ready design in hand, entitlement risk is mitigated and the development timeline starts at closing. The Maple Landing site is part of the Maple Landing Major Plat and has been carried through the full planning and engineering process. The City of Moses Lake is actively pro-housing, describing housing as a “critical need” and working to accommodate growth.
Prime Grape Drive Location
Grape Drive NE sits at the center of one of Moses Lake's most established residential corridors. The site is close enough to the city's major employers, retail centers, and schools to be genuinely convenient, but still situated in a true neighborhood setting that renters increasingly prioritize. The location supports durable absorption for new, professionally managed housing in a supply-constrained submarket.
Efficient Site Layout
The Maple Landing site plan was designed with project economics in mind. The layout maximizes density across 120 units while keeping circulation, parking, and infrastructure logical and cost-efficient. The simplified design translates to more efficient construction and a straightforward lease-up.
Compelling Rent-vs-Own Economics
With Moses Lake home values trending toward the mid-$300,000s, homeownership has become less attainable for a growing share of residents when considering the full cost of buying and maintaining a home. This shift supports sustained renter demand, particularly for new, well-located communities that combine modern finishes with frictionless move-in.
Offering Details
Fully designed and entitled, this 7.7 acre development site offers a streamlined path to construction with limited pre-development friction in a developer-friendly city. Moses Lake continues to benefit from a diverse and expanding employment base, ensuring a steady flow of new employees seeking naturally affordable housing.
Access DocumentsProperty Summary
Property Name
Maple Landing Development Site
Address
NKA Maple Drive NE
City, State, Zip
Moses Lake, WA 98837
Year Built
TBD
Parcel ID
110002314 & 110002320
Zoning
R3 - Multifamily Residential
Acreage
7.7
# of Units
120
SF Per Unit
803
Net Rentable Space
96,300 SF
Pricing Summary
Price
3,000,000
Price / Unit
$25,000
Price / SF
$8.94
The Opportunity
Prime Development Site in Moses Lake
The Maple Landing Site is a 7.7-acre, fully designed and entitled development site in Moses Lake offering a streamlined execution profile in one of Central Washington’s most dependable workforce rental markets. With entitlement and design work completed, the project is positioned to reduce pre-development friction and accelerate timeline in a developer-friendly environment.
Moses Lake continues to benefit from a broad employment base tied to the Port of Moses Lake and Grant County’s industrial and aviation ecosystem, supporting steady housing demand without the volatility seen in larger coastal metros. As the market evolves, renters are prioritizing newer product with professional management, efficient layouts, and predictable operating costs.
From an affordability standpoint, the rent-vs-own spread strengthens the case for new rental housing: with home pricing in the mid-$350Ks and mortgage rates near 6%, the monthly cost to buy (before taxes/insurance/maintenance) often matches or exceeds prevailing rents, while requiring substantial upfront equity. That dynamic supports durable rental demand, particularly among households that want quality housing but prefer flexibility and lower all-in monthly exposure.
The Location
Ideal Grape Drive location
NKA Maple Drive NE, Moses Lake, WA 98837Photographs
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Market Overview
Moses Lake, WA
Located in the heart of Central Washington, Moses Lake continues to position itself as one of the region’s most stable and quietly growing tertiary markets. Long known for its agricultural base, the city has successfully diversified in recent years with major investments from tech, aerospace, and advanced manufacturing firms. With a population of over 26,000 and regional access to over 100,000 people, Moses Lake combines affordability, employer demand, and lifestyle appeal.
Top employers such as Moses Lake School District, Moses Lake Industries, Samaritan Healthcare, and REC Silicon provide a strong employment foundation across education, healthcare, and clean tech manufacturing. Notably, Moses Lake is the site of Sila Nanotechnologies’ $1 billion battery material facility, one of the largest active cleantech industrial developments in Washington State.
With limited new multifamily supply and increasing in-migration from urban centers seeking lower cost of living, the Moses Lake market exhibits high occupancy and modest but steady rent growth. Its infrastructure is well-developed for a tertiary market, with a regional airport, rail access, and proximity to I‑90. Local schools, parks, and recreation assets make the area especially appealing to working families and long-term renters.
Reasons To Invest Here
- 92.50%
Average Occupancy
(Dec 2025)
- 5.50%
Unemployment Rate
(Q2 2025)
- $1,231
Average Market Rent
(Dec 2025)
- 27.4K
Population
(Dec 2025)
- 1.40%
Populationg Growth
(Dec 2025)
- $71.8K
Median Household Income
(Dec 2025)
- 0.40%
Home Price Growth
-2025
- 46.6K
Labor Force
-2025
Sources available upon request.
Our Team
Multifamily Mason
Multifamily Mason is a brokerage firm specializing in multifamily property sales and advisory services within the Inland Northwest. We uphold the core values of integrity, mastery, and ownership. These principles guide all our business decisions and interactions with our clients, investors, and stakeholders.
Our extensive market knowledge, in-depth data analysis, valuable insights, and strong industry relationships have established us as trusted advisors and a go-to source for those exploring the Inland Northwest markets or investing in multifamily properties within tertiary markets.
We foster long-term relationships and prioritize our clients' best interests, even if it means delaying immediate deals. We believe in collaboration and creating opportunities for mutual success, including working with potential competitors.
Lead Broker
Mason Fiascone
Mason is the founder of Multifamily Mason and specializes in the sale and advisory services of multifamily properties across the Inland Northwest with a specific focus on Central Washington and Tri-Cities. Mason leads the sales and asset management organizations at Multifamily Mason, meaning he partners with owners, investors, and developers seeking to maximize their property returns, bringing valuable expertise to every interaction. He is committed to building long-term relationships by providing clients with market insights and unique deal opportunities.
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