
Seller's Agent in 2023
Peter Hiatt
Westlake Associates, Inc.
(206) 505-9416
1 in this area
3 Total Sales
The apartment is a 10-Unit, 2-Story Building in the Roosevelt neighborhood, one of Bellingham's most populous rental districts. Built in 1976, it is comprised of mostly renovated and well-maintained 1-Bed, 1 Bath units all averaging 600 square feet. There is a mix of single and double pane windows, and brand-new screens and gutters have been installed. The exterior was painted in 2021, and the concrete in the parking lot was replaced in 2022. There is a current In-Place Cap Rate of 6.21% with additional upside opportunities and potential for higher rents.
Last Agent to Sell the Property
Westlake Associates, Inc. License #3015 Listed on: 04/19/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2057904
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/19/2023 09/19/23 | Sold | $1,482,500 | -12.8% | $238 / Sq Ft |
06/29/2023 06/29/23 | Pending | -- | -- | -- |
04/19/2023 04/19/23 | For Sale | $1,700,000 | +6.3% | $272 / Sq Ft |
12/14/2021 12/14/21 | Sold | $1,600,000 | 0.0% | $256 / Sq Ft |
09/14/2021 09/14/21 | Pending | -- | -- | -- |
09/14/2021 09/14/21 | Price Changed | $1,600,000 | 0.0% | $256 / Sq Ft |
09/14/2021 09/14/21 | For Sale | $1,600,000 | +4.9% | $256 / Sq Ft |
08/12/2021 08/12/21 | Pending | -- | -- | -- |
08/05/2021 08/05/21 | For Sale | $1,525,000 | -- | $244 / Sq Ft |
Seller's Agent in 2023
Peter Hiatt
Westlake Associates, Inc.
(206) 505-9416
1 in this area
3 Total Sales
Seller's Agent in 2021
Spencer Flannery
RE/MAX Whatcom County
(360) 383-6002
6 in this area
110 Total Sales
Buyer's Agent in 2021
Steve Fischer
Northmarq Multifamily, LLC
(206) 505-9435
4 in this area
37 Total Sales
Buyer Co-Listing Agent in 2021
Tyler Smith
Northmarq Multifamily, LLC
(206) 505-9425
3 in this area
22 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2057904