Presented by: Windermere RE Whatcom, Inc. and NWMLS
Property Description
Opportunity Knocks. Affordable investment with a great return, this fully serviced 9 Unit Mobile Home Park plus an updated duplex in Bellingham is just minutes from schools, shopping, I-5 and the airport. 5 homes are park owned, 4 owners rent spaces and the 2 apartments are leased to provide a new owner with steady income at a 6.7% Cap Rate. Scheduled rent increases in November will boost the Cap to a generous 7%. Don't miss this rare opportunity to gain income and equity.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories1
General
Building Area Units0 sqft
Cap Rate6.7
Carport Spaces0
Carport Y/NNo
CityBellingham
CoolingDuctless
CountyWhatcom
DirectionsNorthwest to W. Maplewood property is on the left.
Electric Expense420
Fuel Expense0
HOANo
HOA Fee$0
HeatingBaseboard, Ductless, Forced Air, Wall Furnace
High School DistrictBellingham
Insurance Expense850
Leasable Area4,545 sqft
Listing TermsCash, See Remarks
Living Area0 sqft
Lot Size Square Feet31,799 sqft
Lot Size UnitsSquare Feet
MLS Area860 - Bellingham
NWM_ShowMapLinkY
Net Operating Income113694
New ConstructionNo
Number Of Units Total0
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionAverage
Property Style56 - 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksOpportunity Knocks. Affordable investment with a great return, this fully serviced 9 Unit Mobile Home Park plus an updated duplex in Bellingham is just minutes from schools, shopping, I-5 and the airpor
RoofComposition, Metal, Torch Down
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameBirchwood
Tax Annual Amount$9,863
Tax Year2026
Units Below Gradefalse
Units In Building Total11
ViewTerritorial
Water CompanyBellingham
Water Sewer Garbage12780
Year Built1974
Zoning DescriptionMulti-Family
Exterior
Building Area Total1,596 sqft
Covered Spaces1
Exterior AmenitiesMetal/Vinyl, Stucco, Wood, Wood Products
Foundation DetailsConcrete Ribbon, Pillar/Post/Pier, Poured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Size Acres0.73
Parking Uncovered Total22
Site FeaturesCable TV, Fenced-Partially, Gas Available, Outbuildings
Total Parking23
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
High School
N/A
Middle School
N/A