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360-738-7070

$900,000 866 Birch Bay Lynden Rd #B, Lynden, WA 98264

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31 UNITS ON 21 Acres.An estimated 13.3 acres quality berry land.Excellent income from 30 Residential Units.18 cabins-9 unit apt. building, a duplex & a single apartment.3 Manufactured home sites,RV Parking, Boat Storage-a large 7 bay Machine shed,Coin operated laundry.7 acres leased Berry Land.On-site manager.Old family residence home has 2543 sq ft- two levels -Full Basement.Class A water system records-septic inspections in hand.Large opportunity for the creative investor 15%cap 139,860 NOI.

  • Exterior Features

    Building Condition

    • Good

    Depth Of Lot

    • 0

    Exterior

    • Wood

    Foundation

    • Post & Pillar
    • Poured Concrete

    Loading

    • 7+ Bays

    Roof

    • Composition

    Style

    • Mobile Home Park

    Total Covered Parking

    • 6

    Total Uncovered Parking

    • 30
  • Interior Features

    Approx Building Sq Ft

    • 0

    Features

    • Storage

    Floor

    • Hardwood
  • Property Features

    Annual Association Dues

    • 0

    Approx Office Sq Ft

    • 0

    Approx Warehouse Sq Ft

    • 0

    Cap Rate

    • 15.58

    Electrical Expenses

    • 1280

    Energy Source

    • Electric
    • Natural Gas

    Expansion Area

    • Y

    Gross Adjusted Income

    • 156800

    Gross Rent Multiplier

    • 7

    Gross Scheduled Income

    • 161800

    Heating And Cooling

    • Forced Air
    • Wall

    Heating Expenses

    • 1280

    Insurance Expenses

    • 5004

    Net Operating Costs

    • 127612

    Numberof Available Pads

    • 0

    Possession

    • Closing
    • Sub. Tenant's Rights

    Power Company

    • Pse

    Power Service Amps

    • 0

    Sewer

    • Septic

    Sewer Company

    • Septic

    Site Frontage

    • 0

    Tax Expense

    • 8544

    Tax Year

    • 2011

    Terms

    • Cash Out
    • Conventional

    Third Party Approval Reqd

    • None

    Total Assessed Value

    • 1096485

    Total Expenses

    • 33972

    Total Expenses1

    • 33972

    Vacancy Rate

    • 3

    Water Company

    • Private

    Water Source

    • Individual Well
    • Public

    Year Value Assessed

    • 0

    Zoning Classification

    • Agricultural
    • Farm & Ranch
    • Multi-Family
    • Residential

    Zoning Jurisdiction

    • County

Listing information © 2012 Northwest Multiple Listing Service.

Price History
DATE DAYS AGO EVENT NEW PRICE
Mar 14, 2012 69 days ago Price Reduced: -$350,000 (-28%) $900,000
Feb 9, 2012 103 days ago New on market $1,250,000

Ask an Expert :: 866 Birch Bay Lynden Rd

Abel Bazan

Abel Bazan


Realtor
Keller Williams Western Realty
2211 Rimland Drive
Suite 124
Bellingham, WA 98226


Office:
360-738-7070


Let me know how I can assist you with your Washington State Real Estate needs. I am here to help! View my Profile / Listings



nwmls Reciprocity Logo Listing courtesy of Windermere Real Estate Whatcom. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers.