425 Chuckanut Drive N 4, Bellingham, WA

About 425 Chuckanut Drive N 4

Blank canvas in one of Bellingham's best 55+ mobile home parks. Space rent is only $680/mo and includes water/sewer/garbage and basic cable. This an equity opportunity project. Much of the hard work has been done - interior demos and some siding has already been removed and disposed of. Home has been framed to create a 2 bedroom 1.75 bath layout with a huge primary and enormous living room. Easy to change at this point if one wishes to create a 3 bedroom floor plan. New furnace installed. Recent sales of 2bedroom/1.75 bath homes in this park have reached $330K. Seller prefers to sell as is but could possibly finish the project at a higher price and terms acceptable to both parties. This park provides peace of mind. Robin Lane already has one of the lowest space rent rates for a 55+ mobile home park in Bellingham and this low rate is protected by new space rent increase restrictions of a maximum of 5% per year and there are land development restrictions to preserve mobile home parks.

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