Mobile Home Park with
For Sale
$1,690,000
2625 W Maplewood Ave, Bellingham, WA 98225
The property pairs park-owned homes and resident-leased sites with a duplex containing two leased apartments.
Property Size1,596 SF
Price / SF$1,058
Days on Market20
Property Features for 2625 W Maplewood Ave
General Information
Standard status
Active
Size
1,596 SF
Property subtype
Multi-Family
Additional Details
Cap Rate
6.7%
Highway Access
Yes
Multifamily Units
11
Building Details
Year Built
1974
Listing Agency:
Windermere RE Whatcom, Inc.
Listed By:
Lyle Sorenson
(360) 398-6800
Source:
Homesinseattlearea
Added: Sep 25
Changed: Oct 13
Last Checked: Oct 7 at 11:40AM
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 Windermere RE Whatcom, Inc.
Investment Insights
Based on property information with market context.
This Bellingham property includes a 9-unit mobile home park and an updated duplex. Five homes are owned by the park, while four residents rent their spaces. The duplex contains two apartments, both leased, for a mix of site rentals and apartment occupancy.
Schools, shopping, I-5, and the airport are nearby. The reported cap rate is 6.7%, with scheduled rent increases in November projected to raise it to 7%.
Schools, shopping, I-5, and the airport are nearby. The reported cap rate is 6.7%, with scheduled rent increases in November projected to raise it to 7%.
Key Highlights
- 9‑unit mobile home park combined with an updated duplex
- Five park‑owned homes and four rented spaces
- Both apartments in the duplex are leased
Property Analytics
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Current Use
Lease Details
11
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 98225, WA
49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property pairs park-owned homes and resident-leased sites with a duplex containing two leased apartments.
Where is this mobile home & rv park located?
The property is located at 2625 W Maplewood Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 9‑unit mobile home park combined with an updated duplex; Five park‑owned homes and four rented spaces; Both apartments in the duplex are leased
