6485 Malloy Rd $985,000

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    6485 Malloy Rd Ferndale, WA 98248

    • 6.71 Acres
    • Commercial/Industrial
    Listing# 1450225 | Contingent
    Days On Market: 198 3 Views
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    Property Details

    Mobile Home Park is actually a real Park w/ lawns, water-features, open spaces, giant Roddys & Trees. There are 7 units of different age/style, all park owned. The owners home is a 2004 64x28 & could be rented (income includes actual & proforma for owners home & 30x40 shop. Has its own deep-water well & certified system. In Path of Progress/Ferndale Comp Plan-can Anex to to City in 2021. Once sewer is available, density might be increased X 3. Ask your Broker for all attached files.

    • General Features
      • County Whatcom
      • Approx Building SqFt 0
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial, Multi-Family, See Remarks
      • Lot Dimensions 462x632
      • Selling Office Commission 2.5
      • Style 72-Mobile Home Park
      • Total Covered Parking 4
      • Total Uncovered Parking 8
      • Zoning Jurisdiction County
    • Building Features
      • Exterior Metal/Vinyl
      • Foundation Concrete Block
      • Roof Composition, Metal
      • Floor Covering Ceramic Tile, See Remarks, Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air, Radiant, Wall
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric, Propane
      • Power Company PSE
      • Number of Available Pads 7
      • Lot Square Footage 292,287
    • Financials
      • Free and Clear Y
      • Vacancy Rate 1
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 17
      • Cap Rate -NOI div LP 5.6
      • Gross Scheduled Income $75,860
      • Gross Adjusted Income $75,281
      • Total Expenses $20,087
      • NOI $55,194
      • Electrical Expenses $0
      • Tax Expense $6,052
      • Heating Expense $0
      • Insurance Expense $2,600
      • Other Expenses $0
      • Tax Year 2018
      • Annual Assoc. Dues $0

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    Neighborhood

    98248 (Ferndale) Demographics

    38Median Age
    327Population Density (per sq. mile)
    36%College Educated
    $62,251 Estimated Median Income
    6,235Estimated Total Home Owners
    2,267Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    23,163Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $425,000 Median Sales Price
    41 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $985,000
        10/10/2019 8:01:23 AM Status Changed Source New Value: Contingent
        8/31/2019 3:41:23 AM Status Changed Source New Value: Pending Feasibility
        6/14/2019 3:40:56 AM Status Changed Source New Value: Active
        5/28/2019 9:00:56 PM Status Changed Source New Value: Pending Feasibility
        5/2/2019 1:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.