GALLERY 4 -  Investment Properties

The Bellingham-Fairhaven Corridor is where the greatest demand will develop for Condos, Single Family homes and Multi-Family homes. The new life style that will be created by the Waterfront Development Project  coupled with the existing infrastructure will stimulate this demand. We have the unique situation with the stability and growth of the Western Washington population overlaying the investment properties created by the Waterfront Development Project.  Multifamily investment properties with stable and growing rental base securing no vacancies. We have selected a sampling of twelve properties that I believe are unique and qualify as investment opportunities. The actual listing information on  each of these properties can be viewed by "clicking" on the yellow text when highlighted with your mouse over. If you have interest in any of the properties listed below please contact me via the contact form and I will send you a "Executive Summary"  outlining the property history, and a 5 year projection detailing; Income & Expenses, Financial Ratios, Depreciation, Debt Service, Cash Flow, ROR, and Equity Accumulation.

Properties 1,2 & 3 are adjacent properties to the Waterfront Development Project and property 4 is strategically located vacant land.  Property 2 has a 9% Cap Rate and overlooks the "Project" it is mixed use with unlimited height restriction. The property was built in the 1900's. This is a ideal "buy and hold" property  that will return you 9% on your purchase while you "hold" the property and appreciate @ a minimum 20%/year as a property adjacent  to the Waterfront Development Project. Click on the address link for more details and please call me if you are interested and I will outline the investment strategy in detail. When you click on "Map" it shows you the location of the property adjacent to the Waterfront Development Project which is directly north of Cornwall Avenue. You can also position the property location relative the "Project" by opening the "Executive Summary" in "local news" and go to page 6.

 

Adjacent Property
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1015 Railroad Ave #103 $199,000

Adjacent Property
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1119 Railroad Ave $1,100,000

Adjacent Property
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1408 Cornwall Ave $1,300,000
Vacant Land
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405 E Champion St, 1.21 Acre, $2,500,000

Fairhaven Condo
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1101 Mckenzie #303Y - $889,900

Fairhaven Condo
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1101 McKenzie #307 - $368,000
Fairhaven Condo
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910 Harris #202 - $450,000

Corridor Multi Family
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610 N State St - $550,000

Corridor Multi Family
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740 Forest - $475,000
Fairhaven Condo
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910 Harris #A 501 - $764,900

Bellingham Condo
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 1015 Railroad #517, $194,000

Bellingham Condo
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1015 Railroad #318-$319,000