Maplewood Mobile Home Park – Bellingham, WA

Maplewood Mobile Home Park #685173
Status: Available
Don’t Miss Out On This Incredible Investment In The Rapidly Growing City Of Bellingham, WA! This 11-Unit Mobile Home Park Boasts A Gross Income Of $143,700 And A Net Income Of $111,960, With All Units Currently Rented Below Market Value. The Property Features 9 Mobile Spaces (5 Park-Owned) And A Rambler Duplex, All Connected To City Water And Sewer. Zoned For Multifamily Development, The Proforma Gross Rents Are Projected At An Impressive $178,800 Annually. With A Proforma Cap Rate Of 6.26% And A Net Income Of $147,060 After Increasing Rents And Billing Water, Sewer, And Garbage Costs Back To Tenants, This Is A Fantastic Opportunity You Won’t Want To Miss!

Flyer(s):

• Legal 47062 (Whatcom)
• Maplewood Mobile Home Park (V.3.1)

Listing Courtesy of: Real Estate 2000 Corp. – David Hilbert (#4473)

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