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Ferndale,WA 98248
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 2355925
Style 43 - Comm/Industrial
Annual Tax Amount $2,016
Lot Size 4.700 Acres
Property Sub-Type Land
Property Description
Investment Opportunity!! RV/Boat/ Mini storage project with a site area of 4.7 acres, located in Ferndale with lots of new residential development to draw on as a customer base within a five-mile radius. This project completed its Site Plan Review with the City of Ferndale, and is being updated as we speak. Owner is moving forward with Civil Plans. It will have 120 enclosed units, heated and sprinkled. No wetlands on the property; a survey and infiltration study have been completed. Excellent CAP rate and low comparative construction cost make this project highly attractive. With a huge demand for RV storage solutions in the area, there is a strong potential for high profits & growth! All to be verified by buyer. Can design to suit.
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Exterior
Utilities Available Electricity Available
View Y/N No
Building
Sewer Not Available
Water In Street,Well Needed
Schools
School District Ferndale
Others
Acceptable Financing Cash Out,Owner Financing
Listing Terms Cash Out,Owner Financing