2000 Alabama Street
Bellingham, WA 98229
6240 sqft | 0.35 acres | #2057904
Description
The apartment is a 10-Unit, 2-Story Building in the Roosevelt neighborhood, one of Bellingham's most populous rental districts. Built in 1976, it is comprised of mostly renovated and well-maintained 1-Bed, 1 Bath units all averaging 600 square feet. There is a mix of single and double pane windows, and brand-new screens and gutters have been installed. The exterior was painted in 2021, and the concrete in the parking lot was replaced in 2022. There is a current In-Place Cap Rate of 6.21% with additional upside opportunities and potential for higher rents.
Property Details
- Days on Market (Cumulative)71
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2023-09-19 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Courtesy
Listing Agent: Peter D. Hiatt (#NWM99166)
Listing Office: Westlake Associates, Inc. (#NWM7019)
Listing Courtesy (Buyer)
Buyer's Agent: Non Member ZDefault (#NWM99994)
Buyer's Office: ZNonMember-Office-MLS (#NWM99994)
