Bellingham is home to Western Washington University, making multi family a popular purchase.
Sample of 2020 Bellingham Apartment Buildings that Sold below.
2502 Douglas Ave, Bellingham, WA 98225
•2502 Douglas Ave, Bellingham, WA 98225
$7,207,000
They are highly sought after 38 unit apartment complex walking distance to the college. Includes three buildings having been professionally managed and in excellent condition. New roof on all buildings one year ago. Additional shop area that was laundry before w/dryers installed in units. The complex has virtually zero vacancies as rented on one-year leases & always a waiting list. All apartments are two bedrooms with fireplaces & decks/patios. Across the street from a WWU park. Cap based on 2019 & has increased since
•222 N Commercial St, Bellingham, WA 98225
$2,450,000
The Glencairn Apartments were constructed in 1915 in Bellingham’s downtown commercial core in Bellingham’s designated Opportunity Zone. This 21 unit historical building recently underwent many capital improvements with major plumbing and electrical upgrades, yet leaving the vintage look with clawfoot tubs and cabinets. The property includes on-site parking, which is rare for the location. Leases are well below market rents and should easily perform at a 7% cap with minor improvements.
•2310 Douglas Ave, Bellingham, WA 98225
$1,495,000
Awesome opportunity to own apartment blocks to WWU and minutes to Fairhaven, downtown, trails, and shopping. This Southside Bellingham 6 Plex is tucked away on a corner lot in a PRIME location and offers spacious 825+/- 2 bedroom units with incredible rental history & low vacancy rates. All units are leased until August 31, 2021.
222 N Commercial St, Bellingham, WA 98225
•1010 York St, Bellingham, WA 98229
$1,125,000
This is a special property and has three beds and 2.25 baths and 1320 sq/ft and low maintenance landscaping. Each unit has its garage and plenty of street-side parking.
If you need a Commercial Real Estate Agent who can navigate the negotiation process, we would love to talk with you!
Interested in Buying an Apartment Building or Multi-Family Unit in Bellingham, WA?
We love helping clients find the perfect Apartment Building or multi-family units in Bellingham, Washington, and the rest of Whatcom County. For more information about our buyer’s services, including video walkthroughs, please call us at 360-223-4501.
