Bought with Coldwell Banker Bain
$8,700,000
$8,950,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
1412 Liberty ST Lynden, WA 98264
4.53 Acres Lot
Key Details
Sold Price $8,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lynden
MLS Listing ID 1562333
Sold Date 06/29/20
Style 56 - 10+ Units
Year Built 1975
Annual Tax Amount $31,600
Lot Size 4.530 Acres
Property Sub-Type Multi-Family
Property Description
First time on the market in over 20 years! La Villa Apartments is an apartment community with a variety of unit types and a historically strong occupancy rate. The community was built between 1969 and 1983. It has been well maintained by the ownership, whom lived on-site for over
15 years. The 54-unit community has the zoning potential to add up to 74 more units (for a total of 128 units). This multi-family investment has multiple opportunities for rent growth and future opportunity.
Location
State WA
County Whatcom
Area 885 - Lynden
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Stucco, Wood Products
Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected, Wood
Amenities Available Cabana/Gazebo, Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings
Waterfront Description Creek
View Y/N No
Roof Type Flat,Tile,Torch Down
Building
Lot Description Corner Lot, Curbs, Dead End Street
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Lynden
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.