194 E. Bakerview Rd., Bellingham, WA 98226

FOR SALE
  • $5,290,000
  • 90 Days on site
  • Est: $19,599/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Multi-Family Home
  • 21,589 sq ft
X

Description

New 6% Cap - 47 MF building on E Bakerview. Scheduled for completion August 2017, in time for you to complete your 1031 Exchange. The building has 40 studio apartments and 7 ground floor micro office suites. Each studio unit features a HVAC, W/D, dishwasher, & 30 gal hot water tank. The framing is nearly competed and the appraisal proforma shows a conservative 6% cap rate. The timing is right on this new Bellingham apartment building. DO NOT WALK PROPERTY WITHOUT A SCHEDULED APPOINTMENT.

  • MLS ID# 1112037
  • Year Built: 2017
  • 90 Days on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Size
Approximately 49609 Square Feet

Local Info

Population
38,624
Median Household Income
$58,741
Median Years In Residence
7
Median Homeowner Age
35
Households with Children
44.48%
Percent of Homes Rented
28.18%

Nearby Elementary Schools

4420 Aldrich Rd
3242 Firwood Ave
3033 Coolidge Dr

Nearby Primary Schools

6041 Vista Dr

Nearby Middle Schools

2717 Alderwood Ave
3000 Northwest Ave
1600 E Sunset Dr

Nearby High Schools

3000 Northwest Ave
1603 E Illinois St
2015 Franklin St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

Loading rates...

Property Contact Info

(360) 671-5000
Listing Agent: K.C. Coonc

Need More Information?

Please fill out this form to request more photos or more information regarding this property.

We guarantee 100% privacy. Your information will not be shared with additional third parties.