$1,690,000
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.
2581492
MLS
⋅
ACTIVE
Status
2625 W Maplewood Avenue, Bellingham
Listing Broker: Windermere RE Whatcom, Inc.; Lyle Sorenson; 360-927-8685; LyleSorenson@windermere.com
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