Parkside Townhomes - Bellingham, WA

4233 Traverse Dr, Bellingham, WA 98226

Property Information

  • For Sale $14,750,000
  • Property Type Other
  • Property Size 36,304 SF
  • Year Built 2024
  • Date Updated Jul 24, 2026

Description

Core Single Family Rental Community

Colliers Capital Markets Group is pleased to present a core investment opportunity consisting of 36-modern townhomes built in 2024. Parkside’s floorplans appeal to a broad subset of renters, that are attracted to the larger, functional floorplans that complement their active lifestyle.

The 36 townhomes are individually parceled, providing optionality to sell-off individual townhomes in the future. Today, similar townhomes across the street are selling for $480k+ on average, 15% above guidance on Parkside.

The property has completed lease-up and should stabilize to a 5.50% cap rate as concessions offered during the initial lease-up burn down and operations normalize.

Contacts

Location

Contact Parkside Townhomes - Bellingham, WA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.