
OFFERING MEMORANDUM
Fully Entitled Multi-Family Land
Silver Hawk / Cooper Village
La Bounty Road Ferndale, Washington
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PROPERTY DATA
Total Lot Size
24.99 Acres
Zoning
Multi-Family
Parcel ID:
3902333443050000
3902333372320000
Retail F&B
7,600 sq ft
Commercial Lot
10k - 35k sq ft*
BUILDING DATA
Stories
2/3/4
Units
310
246
Multi-Family Units
Townhomes
50
Live/work Units
14
Parking/Surface
515
Property Highlights
Fully Permitted Planned Unit Development Site
Approved and issued Land Use Permits, including Preliminary Plat and PUD (Planned Unit Development) approval. Including preliminary building plans, civil drawings and critical areas mitigation drawings. Our civil plans have been prepared by a licensed engineer and include an engineer's cost estimate.
Long-Term Cash Flow Acquisition
Multiple options for long-term cash flow and/or develop and sale opportunities.
Central Location
Set between Bellingham and Ferndale on the I-5 corridor in Whatcom County, WA.
Existing Demand & Rental Upside
Whatcom County is a rapidly growing community where housing is not keeping pace with the demand. Home availability is low and vacancy rates are low.
Contact Us
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Robert Weston
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Bob Sandoz
Offering Summary
Cooper Village offers fully entitled land for sale. Situated off La Bounty Road in Ferndale, WA, stands at the heart of Whatcom County's fastest-growing area. Upon completion, the proposed development will include a mix of 310 housing units, comprising 246 multi-family units, 50 townhomes, and 14 townhome live/work units. The project received full permitting on August 29, 2024, with civil design and subsequent permitting to follow.
The development includes 515 parking spaces, extensive walking trails, and green spaces for residents' recreational use. Additionally, a commercial space within the project may accommodate recreational vehicle storage, individual storage units, or other uses supporting the community. Plans also earmark space for a community building or amenities such as pickleball courts.
With entitlement work concluded, this property offers a turnkey development opportunity, significantly reducing the time to market.



GEOGRAPHICAL ASSETS
Mt. Baker
Galbraith Mountain
Bellingham Bay
San Juan Islands
TRAVEL
Bellingham Airport
Vancouver Airport
Amtrack
Ferry Network
ENTERTAINMENT
Mt. Baker Theatre
Art Galleries
World Class Mountain Biking
Farmers’ Markets
Kayaking and Boating






Contact Us
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Robert Weston
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Bob Sandoz
