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2148 East View Place

2148, View Pl, Ferndale, WA 98248


2148 East View Place (Status: Pending)

2148, View Pl, Ferndale, WA  98248

**Rent increase for 7 of the units will be in effect 12/1/23 – new cap rate of 5.7% on current. Attractive 12-unit walk-up style apartment building for sale in Ferndale, WA. Built in 1970 property has favorable unit mix of 11x 2B/1B (812SqFt) and 1x 1B/1B(700SqFt). Property had significant exterior capital improvements within last few years making this a simple value-add play. Property is trending to over an 8% proforma cap rate. This is a can’t-miss opportunity for the value-add investor looking to grow their portfolio in the desirable and growing Whatcom County market.

Listing Details

Asset Class: Multi-Family
Year Built: 1970
Building Total Square Feet: 9744
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information:


Listing Courtesy of: The Foundation Group

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 2148, View Pl, Ferndale, WA 98248
  • City: Ferndale
  • State/county: WA
  • Zip/Postal Code: 98248
  • Neighborhood: Whatcom County
  • Country: United States


Updated on November 29, 2023 at 4:32 pm

  • Property ID: 673368
  • Price: $1,950,000.00/For Sale
  • Property Size: 9744 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

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