*Courtesy of Windermere Real Estate Whatcom
194 E Bakerview Rd
Bellingham, WA 98226
$5,290,000
Multi-Family
0 Beds
0.00 Baths
21589 SqFt
Active
New 6% Cap - 47 MF building on E Bakerview. Scheduled for completion August 2017, in time for you to complete your 1031 Exchange. The building has 40 studio apartments and 7 ground floor micro office suites. Each studio unit features a HVAC, W/D, dishwasher, & 30 gal hot water tank. The framing is nearly competed and the appraisal proforma shows a conservative 6% cap rate. The timing is right on this new Bellingham apartment building. DO NOT WALK PROPERTY WITHOUT A SCHEDULED APPOINTMENT.
Listing Number: 1112037
Property Features
  • Community: Bellingham
  • View: City
  • View: Partial
  • View: Territorial
  • Cable TV
  • New Construction: Under Construction
  • Exterior: Cement Plank
  • Roof: Composition
  • Year Built: 2017
  • 2017 Taxes: $36800.00
Lot Details
  • Lot Size: 1.14 acres
  • Lot Dimensions: 166x281x165x282
  • Paved Street
  • Sidewalk
  • No. of Units: 40
Unit Details

Unit 1:
  • Description: 32
  • Bedrooms: 0
  • Bathrooms: 1.00
  • Sq. Ft: 320
  • Rent: $715
  • Fireplaces: 0
  • Washer/Dryer: Y
  • Range/Oven: Y
  • Refrigerator: Y
  • Dishwasher: Y

Unit 2:
  • Description: 8
  • Bedrooms: 0
  • Bathrooms: 1
  • Sq. Ft: 426
  • Rent: $850
  • Fireplaces: 0
  • Washer/Dryer: Y
  • Range/Oven: Y
  • Refrigerator: Y
  • Dishwasher: Y

Unit 3:
  • Description: 7
  • Bedrooms: 0
  • Bathrooms: 0
  • Sq. Ft: 0
  • Rent: $675
  • Fireplaces: 0
  • Washer/Dryer:
  • Range/Oven:
  • Refrigerator:
  • Dishwasher:
Interior
  • Central Air
  • Forced Air
  • Electric
Common Features
  • Fire Sprinklers
  • Thermal Windows
Schools
  • District: Bellingham
Call or Email:
Pat Lord
(206) 395-4584

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings marked with the "Three Trees" logo are provided by Northwest Multiple Listing Service. The associate represented on this web site is not a multiple listing service but is a member of a local MLS. DMCA Notice
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