Ryan Martin & KC Coonc
Windermere Real Estate/Whatcom, Inc.

Whatcom - Bellingham Apartment Vacancy Rate 1.8%

The current vacancy rates for apartment buildings in Whatcom County is 1.8%. This number is very consistent with what I have been hearing from other property managers and apartment owners in Bellingham. Keep in mind, that 1.8% includes all of Whatcom County. This means that the vacancy rate for highly desirable locations such as WWU campus are much lower than 1.8%. It seems that the low vacancy rate will likely result in higher rental rates as the spring leasing frenzy begins for next August.
Historical Downtown Apartment Building - $2,400,000
Call KC 360-296-7365 - Download PDF Listing Package

Incredible opportunity to purchase a rare restored downtown apartment building. The Avalon is located across from the Bellingham Towers Building and Mount Baker Theater. The property has been extensively restored and features brass hardware, cast iron claw foot tubs, antique molding, & original built-ins. There is tremendous upside potential by normalizing rents on the next turnover, increasing the utility charges, and utilizing the incredible basement as storage. Easy 6.5% cap on next turn.

Bellingham Apartment Buildings for Sale

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For Sale
Primary Listing Image for MLS#: 581953
 
CBA ID: 581953
2100 Alabama St Bellingham, WA 98229
Property Type:
Multi-Family - For Sale
Year Built:
1976
Available
Listing Courtesy CBA
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Listed by: Muljat Group Inc.
Listing Courtesy: CBA
Primary Listing Image for MLS#: 580306
 
CBA ID: 580306
1029 22nd St Bellingham, WA 98225
Property Type:
Multi-Family - For Sale
Year Built:
2014
Available
Listing Courtesy CBA
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Listed by: Muljat Group Inc.
Listing Courtesy: CBA
Primary Listing Image for MLS#: 581262
 
CBA ID: 581262
201 N Commercial St Bellingham, WA 98229
Property Type:
Multi-Family - For Sale
Year Built:
1900
Available
Listing Courtesy CBA
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Listed by: Windermere - Whatcom Co.
Listing Courtesy: CBA
Primary Listing Image for MLS#: 575834
 
CBA ID: 575834
2915 Eldridge Ave Bellingham, WA 98225
Property Type:
Multi-Family - For Sale
Year Built:
1927
Available
Listing Courtesy CBA
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Listed by: Windermere HKW Inc. - Lynnwood
Listing Courtesy: CBA
Primary Listing Image for MLS#: 578729
 
CBA ID: 578729
4175 Aurora Lp Bellingham, WA 98226
Property Type:
Multi-Family - For Sale
Year Built:
2011
Available
Listing Courtesy CBA
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Listed by: Windermere - Whatcom Co.
Listing Courtesy: CBA
Primary Listing Image for MLS#: 581773
 
CBA ID: 581773
1420 Lakeway Drive Bellingham, WA 98229
Property Type:
Multi-Family - For Sale
Year Built:
1967
Available
Listing Courtesy CBA
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Primary Listing Image for MLS#: 581790
 
CBA ID: 581790
5044 Guide Meridian Bellingham, WA 98226
Property Type:
Multi-Family - For Sale
Year Built:
1967
Available
Listing Courtesy CBA
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Listed by: RE/MAX Whatcom County, Inc.
Listing Courtesy: CBA

Properties with the CBA logo are listed by the Commercial Brokers Association

Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer.

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