LISTING DETAILS

Crestwood Manor Apartments

2728 W Maplewood Ave Bellingham WA 98225

Listing #: 688410 | Status: Available | Last Modified: 10/24/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income831,310
Vacancy Factor %0.00%
Operating Expenses198,603
Net Operating Income632,707
CAP Rate6.72 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate6.724
Building Information
Building StatusExisting
# of Buildings5
# of Floors2
# of Units50
Total Building SF42,358 SF
Net Rentable Area41,202 SF
Total Office SF1,032 SF
Largest Contiguous SF0 SF
Lot SF86,249 SF
Acres1.98
Year Built1980
Year Renovated2015
Construction TypeWood
Property Type
Property TypeMulti-Family
InvestmentYes
Building ClassB
Location
CountyWhatcom
Market AreaWhatcom County
Tax ID #380213147075
ZoningRM
Parking Information
#Covered Spaces0
# Uncovered Spaces78
Total Parking Spots78

Crestwood Manor Apartments 51 Units

Public Comments

Bellingham 50 Apartment units plus a 3 Bedroom Home (51 Units in Total) Onsite Managers occupy the house in exchange for managing the property. Solid rental mix with 37 Two Bedroom, and 13 One Bedroom Units. 50% of the tenants have maintained occupancy for 5+ years. The buildings were constructed in phases ranging from 1961-1991. Building Sizes: 6 Unit, 14 Unit, 14 Unit, 16 Unit and House. (51 Total units) 2 Coin-Op "tokens" Laundry Rooms, Building 2724 has W/D hookups. Crestwood Manor has been family owned and operated for 50+ years with the emphasis on clean, affordable and well maintained housing. Room for financial growth: bring rents to current market value and or updating.

Crestwood Manor Apartments
2728 W Maplewood Ave Bellingham WA 98225

Listing #: 688410 | Status: Available | Listing Date: 10/21/2024 | Last Modified: 10/24/2024 | Email Listing

For Sale

Crestwood Manor Apartments

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