6511 Armar Road Marysville, WA 98270
6511 Armar Road
Marysville, WA 98270
$3,100,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Marysville
10+ Units
Patio
Exterior: Brick
Exterior: Wood
Roof: Composition
Year Built: 1968
2024 Taxes: $22188.00
Listing #: 2316705
Lot Details
Lot Size: 0.68 acres
Paved
No. of Units: 11
Interior
Cooling: None
Heating: Wall Unit(s), Baseboard
Geothermal
Schools
District: Marysville
Elem: Liberty Elem
Middle: Marysville Mid
High: Marysville Getchell High
Call or Email:
Grace Wamwere
What's Near 6511 Armar Road Marysville, WA 98270?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Northmarq Commercial, LLC
