3512-3514 Northwest Ave - Apartments FOR SALE


Bellingham, WA 98225- North Bellingham
$2,995,000 USD
360-734-7500
3512-3514 Northwest Ave, Bellingham, WA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/19
null | 6.23% Cap Rate

3512-3514 Northwest Ave
Bellingham, WA 98225
North Bellingham


OVERVIEW

Recently renovated 12-unit apartment complex in Bellingham, WA. Property features (12) 2bed/1 bath units contained in two 3 story garden walk up building of 6 units per building. Excellent surface parking with 18 parking spaces. All units are corner units with decks, washers, dryers, oven/stoves, refrigerators, stainless sinks, LVP and low pile carpet flooring, wood cabinets, and tub/shower combos. Renovations include rehabilitation of stair system and walkways as needed, newer roof, full remodel of 11 of the 12 units, new high tech water heaters when replaced, site improvements and more. See attached OM for details. Great location, & proximity to services, schools, transportation, shopping & food. 6.2 CAP in Bellingham, Won't last long!!

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

12

PRICE/UNIT

$249,583

CAP RATE

6.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

RM1.5

APN/PARCEL ID

380213-183199-0000

ASK ABOUT THIS PROPERTY

Mike KingsleyWindermere Real Estate/Whatcom, Inc.More Info
360-734-7500

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Mike KingsleyWindermere Real Estate/Whatcom, Inc.More Info
360-734-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.