BELLINGHAM, WA (MyBellinghamNow.com) – A potential deal to allow a group of Bellingham mobile home owners to buy the land they live on appears to have fallen flat.

In December of 2023, the state Dept. of Commerce listed Lakeway Mobile Estates on Lincoln St. for sale. ROC Northwest, an organization that helps residents create a cooperative to purchase their land, began looking at ways for Lakeway residents to keep their homes.

They determined that the total value of Lakeway Mobile Estates is at least $35 million.

Though grant funding would cover part of that amount, ROC Northwest said that residents wouldn’t be able to afford their rent if the deal went through. In that scenario, residents would be on the hook for about $23 million.

ROC Northwest still encourages residents at Lakeway to organize and seek out an alternative solution.