1011 21St St Bellingham, WA 98225
19-unit multifamily property near Western Washington University.
Property size:
25,265 SFProperty Features for 1011 21St St
General Information
- Size
- 25,265 SF
Building Details
- Year built
- 1991
Source:
Sperrycga
Listing Agent: Cory Walken
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Property Near WWU Campus
This multifamily property, located in the Happy Valley area of Bellingham, features 19 units with a mix of large 3- and 4-bedroom layouts. The property is situated just three blocks from the Western Washington University (WWU) campus. The location offers convenient access to the Fairhaven Historic District, Boulevard Park, and the Bellingham Farmers Market, as well as nearby trails, parks, and waterfront areas. The property is well-maintained and in excellent condition with historically low vacancy. Potential exists to boost income through revenue streams such as RUBS, coin-op laundry, and covered parking fees. The property offers assumable debt at 3.1% for 3+ years. The property size is 25,265 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.489905
- Latitude
- 48.723385
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 19-unit multifamily property near Western Washington University.
Where is this apartment building located?
The property is located at 1011 21St St Bellingham, WA.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: - Assumable debt at 3.1% provides a +5% cash-on-cash return in year 1.; - Located just two blocks from Western Washington University (WWU) campus.; - Potential to boost income by 11.8% in year 1 by implementing RUBS, laundry, and parking fees.