Harris Square

Harris Square occupies an entire city block in Fairhaven, Bellingham, Washington. The complex has 145,087 square feet of residential and commercial area that chiefly consists of residential condominium units. Investors in Harris Square received returns of 50% per year over a two year period. It is the largest project of its kind in the history of the City of Bellingham. The project was fully pre-sold during the early stages of construction.

Location: Bellingham, WA
Date Completed: August 2005
Size: 88 Residential Condominium Units + 20,000 Sq. Ft. Commercial Condominium Units
Total Sales: $26 Million

McKenzie Square

Located in the heart of Fairhaven - an area in Bellingham, Washington - this project is the only mixed-use rental project in Fairhaven. It features 60 first-class rental apartments in the Fairhaven district. McKenzie Square is directly adjacent to Harris Square.

Location: Bellingham, WA
Date Completed : March 2007
Size: 60 Residential Units + 15,000 Sq. Ft. Commercial
Current Market Value : $16.8 Million
Expected Returns: >14% Cash-on-Cash

Hotel Bellwether & Bayview Center

The Hotel Bellwether is a European-style boutique resort hotel on the shores of Bellingham Bay. The hotel is located in an enviable position on the waterfront, positioned directly adjacent to a lovely marina. Close to business centers in western Washington, the hotel features an exquisite bistro, meeting rooms, a ballroom, several luxury suites and over 200 feet of private boat and yacht moorage in a pristine natural setting. A recently renovated spa and salon is adjacent to the property.

Location: Bellingham, WA
Date Acquired: May 2007
Size: 66 room hotel plus amenities
Website: www.hotelbellwether.com

Bayview Center is a 2 storey, 40,000 Sq. Ft. office building located across from the Hotel Bellwether at 12 Bellwether Way in Bellingham, Washington.  Accommodating a mixture of national and local professional tenants, Bayview Center is one of the top office buildings in Bellingham, Washington.
Photo by: Suzanne Steel

Location: Bellingham, WA
Date Acquired: May 2007
Size: 40,000 Sq. Ft. of office space on 2 floors

Current Market Value: $28.7 Million
Expected Returns: Projected >12.5% Cash-on-Cash