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Off market
  • $5,003,200

    2240 Mercedes Dr, Lynden, WA 98264

    --beds
    0baths
    21,398sqft
    MultiFamily
    Built in 2017
    -- sqft lot
    $5,003,200 Zestimate®
    $234/sqft
    $2,358 Estimated rent

    Home value

    $5,003,200

    $4.05M - $6.20M

    $2,358/mo

    Zestimate® history
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    Owner options

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    $2,358/mo

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    $2,358/mo

    Rent Zestimate®

    Refinance and save

    $29,800/mo

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    $29,800/mo

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    What's special

    Great investment opportunity! Net Operating Income of $196,050 = 5.9% cap! This is a 3-level, high-end building that has 21,398 SF and includes 8 two bedroom units, 7 one bedroom units & 3 studio units; each unit includes washer/dryer and more. Also includes on main level will be 16 large storage units, 18 small storage units & small commercial space. Building has sprinkler system, elevator and 45 parking spaces. Residential units fully leased!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 21,398 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 0.66 Acres
    Details
    • Parcel number: 4003165295300000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Location
    • Region: Lynden

    Financial & listing details

    • Price per square foot: $234/sqft

    Price history

    DateEventPrice
    10/5/2017Listing removed$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    10/5/2017Listed for sale$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    10/5/2017Pending sale$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    10/5/2017Listed for sale$3,300,000+8.2%$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    10/4/2017Sold$3,050,000-7.6%$143/sqft
    Source: NWMLS as distributed by MLS GRID #1041986 Report a problem
    8/11/2017Pending sale$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    4/26/2017Listed for sale$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    4/7/2017Pending sale$3,300,000$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    4/7/2017Price change$3,300,000-5.7%$154/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem
    10/13/2016Listed for sale$3,500,000$164/sqft
    Source: RE/MAX Whatcom County, Inc. #1041986 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98264

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lynden

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.