Address Map
USA
Washington
Whatcom
Bellingham
98225
Maplewood Ave
2625
W123° 30' 1.2''
N48° 46' 31.4''
W
Additional Information
David Hilbert
4473
946600
31,363 Sqft
31,363 Sqft
Maplewood Mobile Home Park
Whatcom County
98203
WA
Everett
6320 Evergreen Way Ste. 211
Property Description

Don’t Miss Out On This Incredible Investment In The Rapidly Growing City Of Bellingham, WA! This 11-Unit Mobile Home Park Boasts A Gross Income Of $143,700 And A Net Income Of $111,960, With All Units Currently Rented Below Market Value. The Property Features 9 Mobile Spaces (5 Park-Owned) And A Rambler Duplex, All Connected To City Water And Sewer. Zoned For Multifamily Development, The Proforma Gross Rents Are Projected At An Impressive $178,800 Annually. With A Proforma Cap Rate Of 6.26% And A Net Income Of $147,060 After Increasing Rents And Billing Water, Sewer, And Garbage Costs Back To Tenants, This Is A Fantastic Opportunity You Won’t Want To Miss!

For Sale

2625 Maplewood Ave, Bellingham, Washington 98225

  • Square Footage: 3,700 Sqft
$2,350,000
Listing ID#685173
QR Code
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 685173
Price : $2,350,000
Square Footage : 3,700 Sqft
Year Built : 1975
Lot Area : 0.72 Sqft
Status : Active
Office Name : Real Estate 2000 Corp.
Property Sub Type : Land
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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