WA > Marysville > Marysville
Marysville, WA 98270,6511 Armar RD
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Marysville, WA 98270,6511 Armar RD
Marysville, WA 98270,6511 Armar RD
Marysville, WA 98270,6511 Armar RD
Marysville, WA 98270,6511 Armar RD
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John Casserd

John Casserd

+1(206) 999-8484
Listed by Northmarq Commercial, LLC
$ 3,100,000
Est. payment /mo
Save
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6511 Armar RD Marysville, WA 98270

22 Beds

16 Baths

0.68 Acres Lot

UPDATED:

12/18/2024 02:13 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Marysville

MLS Listing ID 2316705

Style 56 - 10+ Units

Bedrooms 22

Year Built 1968

Annual Tax Amount $22,188

Lot Size 0.680 Acres

Property Description

We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.

Location

State WA

County Snohomish

Area 770 - Northwest Snohomish

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Patio

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Available

New Construction No

Schools

Elementary Schools Liberty Elem

Middle Schools Marysville Mid

High Schools Marysville Getchell High

School District Marysville

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

John Casserd

Broker

+1(206) 999-8484

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