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7368 Birch Bay Dr
Blaine, WA 98230

Howeys At Birch Bay · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Extensively updated income-generating 8-Plex less than a block from Birch Bay State Park and offers easy access to restaurants, breweries, and shops
  • Canal access behind property for paddle-boarding, kayaking, or fishing.
  • 8 fully rented 1 bed, 1 bath units ranging from 300-495 sq ft. Over 5% cap rate at current below-market rents.

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.22 AC
Building Size 3,158 SF
No. Stories 1
Year Built 1959
Parking Ratio 2.53/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,833 300 - 495

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
405136-471087-0000
Land Assessment
$320,000
Improvements Assessment
$373,102
Total Assessment
$693,102

zoning

Zoning Code Commercial Motel (Commercial Motel)
Commercial Motel (Commercial Motel)
  • Listing ID: 25039976

  • Date on Market: 2/11/2022

  • Last Updated:

  • Address: 7368 Birch Bay Dr, Blaine, WA 98230

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