Listing Office: Coldwell Banker Bain Northwest Multiple Listing Service Logo

2625 Maplewood Avenue, Bellingham, WA

$2,200,000

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1,596

Square feet

0.73

Acres

About 2625 Maplewood Avenue

Take advantage of this rare opportunity to own a high-performing 11-unit mobile home park in the desirable Bellingham market. Offering a solid 6% cap rate and low operating expenses, this property delivers strong, reliable returns with a net income exceeding $131,000 annually. The park features a well-balanced unit mix, including one duplex, five park-owned homes, and four space rents. This diversified setup provides multiple income streams while allowing for continued upside through rent adjustments or operational efficiencies. With low expenses and consistent cash flow, this is an ideal asset for investors seeking stability and long-term growth. Located in a high-demand area with limited affordable housing supply, the property benefits from strong occupancy trends and continued appreciation potential. Bellingham’s thriving economy, proximity to major employment hubs, and quality of life make this a highly attractive rental market. Whether you're expanding your portfolio or entering the mobile home park space, this investment offers both immediate income and future upside.

Features of 2625 Maplewood Avenue

MLS® # 2500339
Price $2,200,000
Bathrooms 0.00
Square Footage 1,596
Acres 0.73
Year Built 1974
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 2625 Maplewood Avenue
Area 860 - Bellingham
Subdivision Birchwood
City Bellingham
County Whatcom
State WA
Zip Code 98225

Amenities

Parking Spaces 15
Is Waterfront No

Interior

Heating Forced Air
Cooling 90%+ High Efficiency
Fireplace No
# of Stories 10

Exterior

Exterior Features Metal/Vinyl, Wood Products

School Information

District Bellingham

Additional Information

Days on Market 42
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Bain

Listing Map

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