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Beverly Hills Apartments

2680, Alderwood Ave, Bellingham, WA 98225
$4,500,000

Description

Beverly Hills Apartments (Status: Pending)

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:

CBA

Listing Courtesy of: Keller Williams Western Realty

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: 2680, Alderwood Ave, Bellingham, WA 98225
  • City: Bellingham
  • State/county: WA
  • Zip/Postal Code: 98225
  • Neighborhood: Whatcom County
  • Country: United States

Detail

Updated on July 24, 2021 at 9:14 pm

  • Property ID: 638637
  • Price: $4,500,000.00/For Sale
  • Property Size: 18040 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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