Listed by Pacific Continental Realty LLC
$16,350,000
The Corner Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 39,299
Net Rentable (SqFt) 39,299
Units 66
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 1
Stories 3
Lot Size (SqFt) 61,567
Parking Spaces 70 spaces
Parking Per SqFt 1.78
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner
Multifamily | 66 Units
Marketing description
This new construction multifamily property was completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for these units. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR. See detailed offering brochure for more information.
Listing Contacts
Listed by Pacific Continental Realty LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
