404 - 412 Front St
Sumas WA 98295

404 - 412 Front Street

404 - 412 Front St Sumas WA 98295

Listing #: 693376 | Status: Available | Last Modified: 5/1/2025 |

For Sale
Troy Muljat, CCIM
  • Phone:(360) 820-2000
  • Email:troy@muljat.com
  • Office Name:The Muljat Group Inc.
  • Office Phone:(360) 733-3030
  • Office Website:
Megan McLeod
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,195,000.0
  • $/SF$ 221.9
  • $/Unit$ 3,195,000.0
  • Listing StatusAvailable
  • Days on Market75
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income264,408
  • Vacancy Factor %3.00%
  • Operating Expenses91,523
  • Net Operating Income164,952
  • CAP Rate 5.41 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 5.41 %
Building Information
  • Building StatusExisting
  • # of Buildings3
  • # of Floors2
  • # of Units12
  • # of Elevators
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF14400
  • Net Rentable Area14400
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF24828
  • Acres0.57
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyWhatcom
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWhatcom County
  • Tax ID #185586
  • Additional Parcels410435096009, 410435102010, 410435108010
  • ZoningR-6
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces18
  • Total Parking Spots18
  • Parking Ratio
Construction
  • Year Built2019
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeWood

Multifamily in Sumas

Public Comments

12-unit apartment complex (3 fourplexes) in the tight-knit community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.

Listing Images