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Bellingham,WA 98229
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Samish
MLS Listing ID 2282253
Style 42 - Multi-Family
Annual Tax Amount $15,565
Lot Size 11.150 Acres
Property Description
Prime south Bellingham 11 acre multi-family site. City approved Planned Permit/Design Review (site plan, elevations, SEPA, wetland delineation) consisting of 106 units. Bedroom count of 318 via efficient (+/-1,000 SF per unit) 3BR/3BATH suites. The design includes +/-150,000 of buildable area over 3 buildings, including gated parking and storage lockers for additional income: Building A, 20 units; identical Building B, 20 units; and Building C, 66 units. 257 surface parking spaces provide 20% above City code requirements. Ingress/egress loop system enables smooth traffic flow. Minimal off site improvement required. Seller in process of securing Building Permits for entire project. Priced right at $40K/door.
Location
State WA
County Whatcom
Area 860 - Bellingham
Exterior
Utilities Available Electricity Available,Natural Gas Available
Waterfront No
View Y/N No
Building
Sewer Available
Water Not Available
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Bellingham
Others
Acceptable Financing Cash Out,Conventional,Owner Financing
Listing Terms Cash Out,Conventional,Owner Financing