Alamo Apartments – Bellingham, WA

  • $5,800,000
421 MAPLE ST, Bellingham, WA, 98225


Property ID: 665139
  • Multi-Family
  • Property Type
  • For Sale
  • Listing Type
  • 22132
  • Building (sq ft)
  • 6970
  • Lot Size
  • 1924
  • Year Built
  • Multi-Family
  • Asset Class


Alamo Apartments #665139
Status: Available
The Alamo Apartments is a 44-unit market-rate multifamily asset situated on a total of .27 acres just off I-5 on E Maple St in Bellingham, Washington. The asset is one block from Bellingham’s Central Business District and can be acquired at $131,818 per unit today. The Pro Forma income stream post-renovation is projected to yield a total annual return of nearly 10%. Centrally located near the City’s CBD, The Alamo Apartments are in the hub of all Bellingham has to offer. Minutes from Western Washington University, downtown restaurants, bar & grills, breweries, shopping and retail, and the waterfront, residents enjoy an efficient and affordable living situation without sacrificing location. The property received a “Walker’s Paradise” notation and a walk score of 94.The sale also include

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Multi-Family
General Zoning: RM 1.0
Cap Rate: 0
Year Built: 1924
Construction Type: Wood
Floors: 4
Parking: 11  (Covered: 0 & Uncovered: 11)


Listing Courtesy of: Lee & Associates Commercial Real Estate Services – Ted Wood (#29657)

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

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  • 421 - MAPLE ST
    Bellingham, WA 98225
  • Whatcom County


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Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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