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2625 W Maplewood Ave. | Bellingham WA | 7361293295

Dave Hilbert
$2,350,000

Maplewood Mobile Home Park

Price:
$2,350,000
Location:
2625 W Maplewood Ave., Bellingham, WA
Description:

Don't Miss Out On This Incredible Investment In The Rapidly Growing City Of Bellingham, WA! This 11-Unit Mobile Home Park Boasts A Gross Income Of $143,700 And A Net Income Of $111,960, With All Units Currently Rented Below Market Value. The Property Features 9 Mobile Spaces (5 Park-Owned) And A Rambler Duplex, All Connected To City Water And Sewer. Zoned For Multifamily Development, The Proforma Gross Rents Are Projected At An Impressive $178,800 Annually. With A Proforma Cap Rate Of 6.26% And A Net Income Of $147,060 After Increasing Rents And Billing Water, Sewer, And Garbage Costs Back To Tenants, This Is A Fantastic Opportunity You Won't Want To Miss!
Property Type:
Mobile Homes for Sale
For sale by:
Agent/Broker
Agent Name:
Dave Hilbert
MLS Number:
40873341
Posted:
August 8 on TourFactory
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More About this Listing: Maplewood Mobile Home Park
Maplewood Mobile Home Park is a Mobile Homes for Sale at 2625 W Maplewood Ave. in Bellingham WA. Find other listings like Maplewood Mobile Home Park and listings near 2625 W Maplewood Ave. by searching Oodle Classifieds for Mobile Homes for Sale in Bellingham WA.