$3,100,000
6511 Armar Road, Marysville, 98270
Listing Courtesy of
Northmarq Commercial, LLC
6511 Armar Road , Marysville, WA 98270
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.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2316705
- StatusActive
- AreaMarysville
- FlooringVinyl Plank
- CarportNo
- CityMarysville
- CountySnohomish
- Exterior FeaturesBrick, Wood
- FireplaceNo
- High School DistrictMarysville
- Living Area0 Square Feet
- Lot FeaturesPaved
- Lot Acres0.68
- Lot Square Feet29621
- New ConstructionNo
- Zip Code98270
- Property TypeMulti-Family
- RoofComposition
- SewerAvailable
- WaterfrontNo
- Year Built1968
- Checked For Updates2024-12-21 07:01:25 PST
Based on information submitted to the MLS GRID as of 2024-12-21 07:01:25 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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