$ 2,200,000
-
$2,200,000
Price -
2
Bed -
1
Bath -
500
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 9994 - 112555
Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
2500339
Year Built
1974
Total Square Footage
500
Lot/Acreage
0.73
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Zoning: Commercial,Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: Commercial,Multi-Family
- Roof: Composition,See Remarks
- Others: Metal/Vinyl,Wood Products
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $9,462
- Taxes w/Assessments: N/A
- Tax/Property ID: 3802132080100000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2625 Maplewood Ave Bellingham, WA 98225
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
