
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.

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PHOTO 4-1
1015 Railroad Ave #103 $199,000 |
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PHOTO 4-2
1119 Railroad Ave $1,100,000 |
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PHOTO 4-3
1408 Cornwall Ave $1,300,000 |
PHOTO 4-4
405 E Champion St, 1.21 Acre, $2,500,000 |
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PHOTO 4-5
1101 Mckenzie #303Y - $889,900 |
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PHOTO 4-6
1101 McKenzie #307 - $368,000 |
PHOTO 4-7
910 Harris #202 - $450,000 |
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PHOTO 4-8
610 N State St - $550,000 |
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PHOTO 4-9
740 Forest - $475,000 |
PHOTO 4-10
910 Harris #A 501 - $764,900 |
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PHOTO 4-11
1015
Railroad #517, $194,000 |
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PHOTO 4-12
1015 Railroad #318-$319,000 |
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