1905 1907 N Prairie Lane Lynden, WA 98264
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Whatcom Inc. / Mike Kooy and Keller Williams Western Realty
$3,200,000
18
BED
18
BATH
16,390
SQFT
  1905 1907 N Prairie Lane Lynden, WA 98264
Sold (7 Days)

Comments

Great opportunity to purchase 11 townhouse style apartments in the desirable Lynden rental market. The offering includes two buildings, a six unit bldg and five unit bldg each on their own parcel which could be sold separately in the future. Quality built by Pacific Edge Builders in 2019, all aspects of the bldgs are like new with little to no vacancy or maintenance costs. Each unit features approx 1,224 sf, 3 bed 2.5 bath w/ with a single car garage and two designated parking stalls. Higher end finishes incl durable laminate plank flooring throughout, dishwasher & W/D in each unit, and stainless steel appliances. Easy to lease, turn key and fully stabilized investment at 100% occupancy. Cap rate includes professional management expenses.

MLS #:
1718486
Taxes
$16,772 (2020)
Lot Size
0.89 acres
Type
Multifamily
Year Built
2019
Style
56 - 10+ Units
Views
Territorial, Mountain
School District
Lynden
County
Whatcom County
Community
Lynden
Bathroom Details
Lot Information
  • Sidewalk
  • Paved Street
  • Dead End Street
Property Features
  • Patio
  • Fenced-Partially
  • Cable Tv
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall
  • Ductless Hp-Mini Split
  • Central A/C
Exterior Features
  • Wood
  • Cement Planked
  • Roof: Composition
Utility Information
  • Utilities: Public
  • Sewer: Sewer Connected
  • Energy: Electric
School Information
  • Elementary School: Vossbeck Elem
  • Middle School: Lynden Mid
  • High School: Lynden High
Additional Listing Info
  • Selling Office Commission: 2
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.