Beverly Hills Apartments (Status: New)

2680, Alderwood Ave, Bellingham, WA  98225

Take advantage of an exceptional opportunity to own a 20 Unit apartment property in excellent Birchwood location, on bus line; minutes from shopping, airports, waterfront, downtown; no pet policy in place; tenants month to month; opportunity to own multi-family; Rents currently under market; financials pro forma based on still under-market rent of $1250 per unit; lovingly and meticulously maintained by original builder/owner. Upside potential by bringing to market rates through professional management; Cap rate includes estimated professional management expenses. Each unit includes washer/dryer. May be capable of condominiumization (buyer to verify)

Listing Details

Asset Class: Multi-Family
Year Built: 1991
Building Total Square Feet: 18040
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information:


Listing Courtesy of: Keller Williams Western Realty

Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.


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