Bought with ZNonMember-Office-MLS
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Key Details
Sold Price $4,800,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Bellingham
MLS Listing ID 2181871
Sold Date 03/14/24
Style 72 - Mobile Home Park
Year Built 1959
Annual Tax Amount $18,666
Lot Size 3.050 Acres
Property Description
The 32 space Samish Manufactured Housing Community is located in the heart of the City of Bellingham, WA. Situated on 3.05 acres, this property is conveniently located in the ever-improving Samish Way Urban Village. Originally constructed in 1959, this property has a strong rental history and is home to a vibrant community. Serviced by public utilities (city water/sewer), the Samish MHC has zero park owned homes and offers significant upside with an infill opportunity by adding additional spaces recently permitted by the City of Bellingham. In close proximity to great public schools, WWU, shopping, restaurants, and I-90, the Samish MHC is an ideal investment with a proven track record. Located in a Qualified Opportunity Zone.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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