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Depot Villas

8881, Depot Rd, Lynden, WA 98264
$12,499,000

Description

Depot Villas (Status: New)

8881, Depot Rd, Lynden, WA  98264

Nearly new 44 unit apartment complex comprised of 3 bldgs on over 2 acres in beautiful and convenient area of Lynden right across the street from the Homestead Golf Course & Fitness Center. Low maintenance, high quality finishes with W/D, dishwasher, and AC in all units! Half of the units even come with a carport. All numbers actual and include an 5% management fee and a 2% vacancy deduction even though it has always been 100% occupied. The owner built 10 more parking spaces than required by the City and the 89 total spaces include 4 ADA spaces. This is a premium build offering. ZERO deferred maintenance and lots of income-generating life ahead of it.

Listing Details

Asset Class: Multi-Family
Year Built: 2019
Building Total Square Feet: 49400
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 89
Local Zoning Information:

CBA

Listing Courtesy of: John L. Scott – Bellingham

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: 8881, Depot Rd, Lynden, WA 98264
  • City: Lynden
  • State/county: WA
  • Zip/Postal Code: 98264
  • Neighborhood: Whatcom County
  • Country: United States

Detail

Updated on July 14, 2020 at 8:24 pm

  • Property ID: 627324
  • Price: $12,499,000.00/For Sale
  • Property Size: 49400 Sq Ft
  • Property Type: Multi-Family
  • Property Status: New

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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