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Toril White

1toril@torilsellshouses.com +1(253) 350-2638

Listed by:Coldwell Banker Bain • Nav Narwal

$2,200,000

Est. payment - /mo

2 Beds

1 Bath

1,596 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $1,378

Subdivision Birchwood

MLS Listing ID 2500339

Style 56 - 10+ Units

Bedrooms 2

Year Built 1974

Annual Tax Amount $9,462

Lot Size 0.730 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood Products

View Y/N No

Roof Type Composition,See Remarks

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Toril White

+1(253) 350-2638

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2625 Maplewood AVE Bellingham, WA 98225

Toril White

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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