PROPERTIES FOR SALE

2625 Maplewood Avenue Bellingham, WA 98225

NWMLS Courtesy of Coldwell Banker Bain
2625 Maplewood Avenue
Bellingham, WA 98225
$2,200,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.

Property Features

Community: Birchwood
10+ Units
Exterior: Metal/Vinyl
Exterior: Wood Products
Roof: Composition
Roof: See Remarks
Year Built: 1974
2025 Taxes: $9462.00
Buyer Broker Comp.: 2.5%
Listing #: 2500339

Lot Details

Lot Size: 0.73 acres
No. of Units: 11

Interior

Cooling: 90%+ High Efficiency
Heating: Forced Air
Electric

Schools

District: Bellingham
Call or Email:
Grace Wamwere

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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 are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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