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Major Multi-Family Development Site

Major Multi-Family Development Site
5094 LaBounty Dr. Ferndale, WA 98248

Major Multi-Family Development site located in South Ferndale near City limits of Bellingham. This 25+ acre site is zoned for 30 MF units per acre. Nice level land is ideal for surface parked multi-family. Serviced by City of Ferndale, water and sewer. Current rental properties provide $65,000 in annual income to offset holding costs during planning and permitting.

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