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Garden-Style Apartment Community
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8881 Depot Rd, Lynden, WA 98264

Newly constructed 44-unit garden-style community completed in 2018 with 2- and 3-bedroom units.

Property SizeContact for details
Days on Market121

Property Features for 8881 Depot Rd

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 44

Building Details

Year Built 2018
Construction garden-style
Listing Agency: JLL - Seattle, Washington
Listed By: Michael Lyford · License #WA 139567
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:35PM

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 JLL - Seattle, Washington

Investment Insights

Based on property information with market context.

Depot Villas is a newly constructed, garden-style apartment community completed in 2018, featuring 44 units. The mix includes large floor plans with 2- and 3-bedroom residences, designed for comfortable day-to-day living.

Located at 8881 Depot Rd in Whatcom County, the property offers access to the Bellingham corridor in under 30 minutes. The corridor reportedly saw a 6.2% gain in new jobs in 2021 and the area experienced a notable percentage increase in employment among smaller U.S. cities. JLL is also marketing Depot Estates across the street to the east, with the option for investors to make offers for one or both assets.

Key Highlights

  • Newly constructed 44‑unit garden‑style apartment community completed in 2018
  • Unit mix includes 2‑bedroom and 3‑bedroom floor plans
  • Located in Lynden, Whatcom County, Washington

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Hair Salon Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

Demographics for 98264, WA

23,170
Population
8,395
Households
2.8
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
57.2 sq mi
ZIP Area
405
Density / Sq Mi
$95,225
Median Household Income
$47,046
Median Earnings
$1,611
Median Rent
$538,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed 44-unit garden-style community completed in 2018 with 2- and 3-bedroom units.
Where is this apartment building located?
The property is located at 8881 Depot Rd Lynden, WA.
What are key features of this property?
This property features: Newly constructed 44‑unit garden‑style apartment community completed in 2018; Unit mix includes 2‑bedroom and 3‑bedroom floor plans; Located in Lynden, Whatcom County, Washington
More about this property
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