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31349392
31349425

918 Citadel Dr, Everson, WA 98247 For Sale

JK
WA 23025544, TX 755854 (+1)
The Broker Sponsor Corporation
Listed by The Broker Sponsor Corporation
$1,250,000
117 days on market
Updated 107 days ago

918 Citadel Dr - Multifamily

Details
APN 3903090245040000
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,213
Net Rentable (SqFt) 5,213
Units 5
Pro-Forma Cap Rate 5.83%
Pro-Forma NOI $72,890
Price per SqFt $240
Class C
Year Built 2006
Buildings 1
Stories 2
Acreage 0.810
Zoning STC
Sale Condition 1031 exchange

Vacant Value-Add | STC Zoning | Live/Work or Investment Opportunity

Marketing description

918 Citadel presents a rare opportunity to acquire a flexible mixed-use asset in Whatcom County with immediate income potential and long-term upside.

The property is currently configured with multiple independent living areas, allowing for income generation, owner-user flexibility, or repositioning into a higher-yield investment.

Zoned Small Town Commercial, the property supports a wide range of uses including residential, office, retail, service-based businesses, and live/work configurations.

The 5,213 SF building sits on a 0.81-acre lot and includes a detached 50’ x 50’ three-bay shop, providing additional income potential or operational use.

This asset is well-suited for investors seeking value-add opportunities through rent optimization, as well as owner-users looking to control their operating environment while generating supplemental income.

Priced at $1,250,000 and supported by a recent appraisal, offering confidence for both buyers and lenders.

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Investment highlights

Flexible Small Town Commercial zoning allows residential and commercial use

5,213 SF building with multiple income-generating units

0.81-acre lot with additional development or expansion potential

Detached 50’ x 50’ three-bay shop for added income or owner-user use

Value-add opportunity through rent optimization and repositioning

Listing Contacts

JK
WA 23025544, TX 755854 (+1)
The Broker Sponsor Corporation
Listed by The Broker Sponsor Corporation

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Additional Information

Name
Phil Dyer
License
4145
Brokerage
Sterling Real Estate Group
Brokerage Phone
360-739-9900
Title
Broker of Record
Brokerage Address
1820 Main St
Name
Jacqueline Kubitz
License
23025544
Brokerage
Sterling Real Estate Group
Brokerage Phone
2068861138
Title
Designated Broker
Brokerage Address
1820 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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