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.
MLS# | 2282253 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 149 |
Listing Provided By | Muljat Group | John Fairbanks |
Acreage | 11.15 |
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State | WA |
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County | Whatcom |
City | Bellingham |
Zip Code | 98229 |
Area | 860 Bellingham |
Community Name | Samish |
School District | Buyer To Verify |
Elementary School | Buyer To Verify |
Middle School | Buyer To Verify |
High School | Buyer To Verify |
Listing VS Median (in Samish) | |
Price: $4,240,000 low | high Med: $625,000 On Site: 149 low | high Med: 146.500000 |