Description
Great opportunity to purchase 11 townhouse style apartments in the desirable Lynden rental market. The offering includes two buildings, a six unit bldg and five unit bldg each on their own parcel which could be sold separately in the future. Quality built by Pacific Edge Builders in 2019, all aspects of the bldgs are like new with little to no vacancy or maintenance costs. Each unit features approx 1,224 sf, 3 bed 2.5 bath w/ with a single car garage and two designated parking stalls. Higher end finishes incl durable laminate plank flooring throughout, dishwasher & W/D in each unit, and stainless steel appliances. Easy to lease, turn key and fully stabilized investment at 100% occupancy. Cap rate includes professional management expenses.
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0BEDS
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0.89ACRES
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0BATHS
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01/2 BATHS
School Information
Listing Courtesy of Windermere Real Estate Whatcom.Description
Great opportunity to purchase 11 townhouse style apartments in the desirable Lynden rental market. The offering includes two buildings, a six unit bldg and five unit bldg each on their own parcel which could be sold separately in the future. Quality built by Pacific Edge Builders in 2019, all aspects of the bldgs are like new with little to no vacancy or maintenance costs. Each unit features approx 1,224 sf, 3 bed 2.5 bath w/ with a single car garage and two designated parking stalls. Higher end finishes incl durable laminate plank flooring throughout, dishwasher & W/D in each unit, and stainless steel appliances. Easy to lease, turn key and fully stabilized investment at 100% occupancy. Cap rate includes professional management expenses.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-02-26T16:14:57.013.