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Modern Multifamily Investment Opportunity

1205 Boon St, Sumas, WA 98295

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For Sale

$3,920,000

Sixteen modern townhome units built in 2020 in Sumas, WA.

Type:Multifamily

Property size:

19,120 SF

Price / SF:

$205/SF

HighLights

Modern multifamily property built in 2020, offering a high‑quality investment.
16 townhome units provide a lucrative venture.
Attractive financing options available with lower interest rates and reduced down payment.
Prime location in the thriving city of Sumas, WA.
8.35% rental upside, indicating potential for increased income.
Close proximity to the Canadian border, offering easy access to international travel.

We can help!

Contact an agent

Cory Walken

For Sale

$3,920,000

Sixteen modern townhome units built in 2020 in Sumas, WA.

Type:Multifamily

Property size:

19,120 SF

Price / SF:

$205/SF

Added:: Nov 21, 2025
Days on Market:: 224
Last Refresh:: May 8 at 8:16 pm

Property Features for 1205 Boon St

General Information

Standard status: Active
Size: 19,120 SF
Property subtype: Multifamily

Building Details

Year Built: 2020

We can help!

Contact an agent

Cory Walken

Listing office

Listing date Nov 21, 2025

Source Sperrycga

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Cory Walken

HighLights

Modern multifamily property built in 2020, offering a high‑quality investment.
16 townhome units provide a lucrative venture.
Attractive financing options available with lower interest rates and reduced down payment.
Prime location in the thriving city of Sumas, WA.
8.35% rental upside, indicating potential for increased income.
Close proximity to the Canadian border, offering easy access to international travel.

Overview

This multifamily property in Sumas, WA, presents an investment opportunity. Constructed in 2020, the property features 16 townhome units, suitable for low-rise or garden investors. The property is located in Sumas, offering a combination of modern design and location. The units have an 8.35% rental upside. The property is located near local attractions such as the Sumas Historical Society Museum and parks. Residents have access to shops, dining, and amenities. Its proximity to the Canadian border facilitates international travel. The area provides outdoor recreational activities.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$390.0k	$20.40
− Vacancy	−$15.6k	−$0.82
EGI	$374.4k	$19.58
− OpEx	−$168.5k	−$8.81
NOI	$205.9k	$10.77

19,120 SF · lease $20.40/SF/yr · vacancy 4.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.94M

$2.57M – $3.43M (±1% cap)

NOI $205,945 @ 7.0% cap · market cap 5.25%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.51M

$3.95M – $5.26M (±1% cap)

NOI $315,739 @ 7.0% cap · market cap 8.05%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Sumas
County: Whatcom
State: Washington
Longitude: -122.259
Latitude: 48.992

For sale
Apartment buildings
WA
Sumas
98295
1205 Boon St

What type of property is this?

Apartment building - Sixteen modern townhome units built in 2020 in Sumas, WA.

Where is this apartment building located?

The property is located at 1205 Boon St Sumas, WA.

What is the asking price?

The asking price for this property is $3,920,000.

What are key features of this property?

This property features: Modern multifamily property built in 2020, offering a high‑quality investment.; 16 townhome units provide a lucrative venture.; Attractive financing options available with lower interest rates and reduced down payment.