5977 Everson Goshen Road, Bellingham, WA 98226

$2,300,000

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Listing courtesy of Windermere RE Whatcom, Inc..

List Price
$2,300,000
Status
ACTIVE
MLS#
2549238
Days on Market
21
Annual Tax Ammount
6697.47

Property Description

Exceptional investment opportunity featuring a well-established storage complex with strong occupancy & consistent income history, currently offering a strong 7% cap rate, paired with a well-maintained single-family residence built in 2006. Existing county-recognized legacy non-conforming storage use. The property offers a total of 243 rentable units, including 159 indoor units & 84 outdoor spaces, with additional potential to increase unit count through reconfiguration. Situated on approximately 8.5 acres, the property provides ample room for expansion. The improvements have been well-maintained & updated over time. The on-site residence has also seen significant recent upgrades, including a new roof and exterior paint in 2025, along with substantial interior flooring updates completed in 2025–2026, making it ideal for an owner/operator or supplemental rental income. Strong tenant history, high occupancy levels, and ongoing capital improvements make this a turnkey asset for investors seeking both reliability and growth.

Additional Information

Community
Bellingham
Style
71 - Light Indrl.
Year Built
2006
Roof
Composition, Metal, See Remarks
Tax Year
2026
Potential Terms
Cash, See Remarks
Driving Directions
GPS works great!
Net Operating Income
$162,844
Cap Rate
7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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