Listed by Darren Johnson • HomeSmart One Realty. Bought with Coldwell Banker Bain.
Off market apr 2018 for $1.1M
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bd
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— ba
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sq ft
1459 E Badger, Lynden, WA 98264
About this home
*Presale* Great investment Opportunity! Hard to find new 8 Unit apartment complex to be built in East Lynden. Each unit is 2 bed/one bath with laundry and great finishing's. Projected to be a 6.4 cap this is a great opportunity. **Pictures are of a finished 8 unit. Will have the same layout and quality finishing touches.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2.39 Acres
Year renovated
—
Sq. Ft.
2,750
Year built
1960
Style
Single Family Residential
County
Whatcom County
APN
4003152084920000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 13, 2017.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 16
Open Parking Spaces: 16
Has Open Parking
Interior
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Ductless HP-Mini Split
Exterior
Building Information
New Construction
New Construction: Presale
Roof: Composition
Exterior Features
Exterior Features: Wood Products
Property Information
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Has View
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: TBD Owner
Lot Size Units: Square Feet
Lot Size Acres: 0.6508
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $8,200
Tax Year: 2017
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 10000
Location
Multi-Family Financial Information
Insurance Expense: $2,000
Other Expense: $2,800
Net Operating Income: $82,600
Gross Adjusted Income: 105600
Gross Scheduled Income: $105,600
Total Monthly Income: 8800
Gross Rent Multiplier: 12
Total Expenses: 23000
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 8
# of Units (Total): 8
Furnished: Unfurnished
School Information
High School District: Lynden
Location Information
Directions: Badger road to Line Road, North on Line to Aaron Drive, East on Aaron Drive to Sedge Street, North on Sedge, Lot will be last on on the right.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,750
Stories: 1.0
Lot Size: 2.39 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Whatcom County
APN: 4003152084920000
Home facts updated by county records on Feb 13, 2017
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, June 29, 2017
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Vossbeck Elementary School
Public K-5 • Assigned • 0.9mi
7/10
Lynden Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Lynden High School
Public 9-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Lynden, WA • 98264
Average low and high temperatures (°F)
46
34
46
34
53
40
62
43
67
48
72
53
77
56
78
58
72
53
59
45
50
41
48
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.3 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
7.3 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
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