Project Description

Bellingham, Washington

Centre Point was originally built as a four building condominium community. The units in three of the buildings have been sold off as individual condo units, while the fourth building is currently being operated as an apartment community. The fourth building features 35 total units consisting of one and two bedroom layouts. With newer construction and high end finishes, Centre Point is an attractive and desirable place to live within Bellingham. It is conveniently located across the street from the Bellis Fair Mall which is home to shopping, restaurants and entertainment.

Transaction Details

CLOSING PRICE

$5,600,000

CAP RATE

6.3%

BUYER

Private Investor

SELLER

The Molnar Group

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