Multifamily
Northwest Townhomes
3408 Northwest Ave, Bellingham, WA 98225
Listing Price: $9,380,000
Cap Rate
5.77%
Number of Units
18
GRM
13.96
Price/Unit
$521,111
Investment Overview
Northwest Townhomes is 18 brand new three and four bedroom townhomes in Bellingham, Washington.
Northwest Townhomes
Investment Highlights
- Low Vacancy Market - Historically, vacancy rates have held as low as 3%.
- Growing Population - Bellingham metro area grew 10.4% between 2020 and today and is expected to grow another 9.4% by 2027.
- Location - The property's proximity to Interstate 5, ensures that residents are only a short drive to all parts of Bellingham.
Exclusively Listed By
Listing Price: $9,380,000
Cap Rate
5.77%
Number of Units
18
GRM
13.96
Price/Unit
$521,111
Investment Highlights
- Low Vacancy Market - Historically, vacancy rates have held as low as 3%.
- Growing Population - Bellingham metro area grew 10.4% between 2020 and today and is expected to grow another 9.4% by 2027.
- Location - The property's proximity to Interstate 5, ensures that residents are only a short drive to all parts of Bellingham.
Investment Overview
Northwest Townhomes is 18 brand new three and four bedroom townhomes in Bellingham, Washington.
Exclusively Listed By
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