Buyer To VerifyElementary School
Lynden MidMiddle School
Lynden HighHigh School
Ultimate investment opportunity! New 4-plex recently finished and fully occupied designed by JWR design and constructed by West Coast Developers promising a great use of space & quality construction demanding top rent! (2) 3-bed units with single car garages & (2) 4-bed units with double car garages. Tenants pay all utilities. Property generates a GSI of $118k with low expenses resulting in a robust NOI of $100k and a healthy Cap Rate of 5.4%. Current numbers reflect a management fee of $6,035. If all self managed cap rate increases to 5.8%! 7" wide plank floors, presidential carpet, ductless mini splits providing AC & heat, sparkling white quartz counters, & Whirpool stainless appliances. Fully landscaped, patios, & a low maintenance yard.
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Attribution contact: 360-354-4455
Listing Agent: Loren Van Corbach
Listing Office: Windermere Real Estate Whatcom