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33518975
33518974

2625 W MAPLEWOOD AVE TRLR 2, BELLINGHAM, WA 98225-8805

Coldwell Banker Commercial Bain Associates Bellingham
Listed by Coldwell Banker Commercial Bain Associates Bellingham
$2,200,000
9 days on market
Updated 9 days ago

2625 W MAPLEWOOD AVE TRLR 2 BELLINGHAM WA 98225-8805

Details
APN 47064
Property Type Multifamily, Mobile Home Park
Square Footage 1,596
Pads 11
Cap Rate 6.00%
NOI $131,708
Occupancy 100%
Tenancy Multi
Year Built 1965
Lot Size (SqFt) 31,799
Parking Spaces per unit
Investment Type Owner/User

11 Unit Mobile Home park

Marketing description

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.

Investment highlights

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 Contacts

Coldwell Banker Commercial Bain Associates Bellingham
Listed by Coldwell Banker Commercial Bain Associates Bellingham

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$131,708.00
$10,975.67/mo

Valuation Metrics

0
DSCR
5.99%
Cap Rate
5.99%
ROI

Map

Zoning

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RM/BW-NP-7A ResidentialMulti FamilyResidential Multi Planned Birchwood Neighborhood Plan
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Last updated Feb 17, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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