The U Student Housing

2401 Taylor Ave, Bellingham, WA 98225
  • Student property located one block from Western Washington University
  • Executed a light exterior enhancement on an already renovated asset, achieving rent growth well above pro forma
  • Refinanced in 2017 and have seen strong NOI growth and cash flow
  • Purchase Date: Nov, 2016
  • Purchase Price: $3,875,000
  • Hold Period: 7 years
  • Sale Price: $6,250,000

 

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