4174 Aurora LoopBellingham, WA 98226

For Sale
$1,800,000

Prime Bellingham 4-unit rental

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a well-maintained, four-unit multifamily property in Bellingham, WA. Built in 2008, this two-story building boasts 5,544 square feet on an 11,326 square foot lot. Each of the four townhouse-style units offers two bedrooms, including a primary suite with a walk-in closet and ensuite bathroom, a 3/4 bathroom, and a half bathroom. Modern amenities include oversized garages, fully applianced interiors with in-unit washers and dryers, and private decks. The property's prime location provides easy access to Barkley Village, Mount Baker, local schools, parks, trails, and Lake Whatcom. The strong pro-forma NOI of $92,317 translates to a 5.10% cap rate on the $1,800,000 asking price. This represents a solid investment opportunity combining modern conveniences with a desirable location. The property is situated at 4174 Aurora Loop, Bellingham, WA 98226.

Highlights

  • Well-maintained 4-plex in Bellingham, WA.
  • Each unit features 2 bedrooms, a primary suite with walk-in closet and ensuite bath, a 3/4 bath, and a half bath.
  • Oversized garages, fully applianced units with in-unit laundry, and private decks.
  • Prime location near Barkley Village, Mt. Baker, schools, parks, trails, and Lake Whatcom.
  • Solid multi-family investment opportunity with a $1,800,000 asking price, 5,544 square feet, 5.10% pro-forma cap rate, and $92,317 pro-forma NOI.

Property Details for 4174 Aurora Loop

Property type
Multifamily properties, Residential income homes
Square Feet
5,544 SF
Year Built
2008
Buildings
1
Stories
2
Units
4

Location Insight

City
Bellingham
County
Whatcom
State
Washington
Latitude
48.791959
Longitude
-122.4172349
4174 Aurora Loop, Bellingham, Washington

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4174 Aurora Loop
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