Listing courtesy of Westlake Associates, Inc.
Property Description

The Armar Townhomes is a well-maintained asset in a quiet, residential neighborhood in Marysville, Washington. Having been meticulously maintained by the current ownership, there is very little capital expenditure needed. Most units are townhome style, with massive and efficient floor plans. Income can be pushed through both management and a value-add strategy to reposition units. In addition to the physical asset, Marysville has seen rapid appreciation. Rents in this market have risen 8% in 2021 alone. This puts this offering in a very opportunistic place, where you can now achieve premium rents when renovating to high-end finishes.

Address Map
USA
WA
Snohomish
Marysville
98270
Armar
6511
Road
0
W123° 50' 4.9''
N48° 3' 17.2''
Additional Listing Information
770 - Northwest Snohom
On I-5N, take exit 199 for SR-528 E toward Marysvi
Marysville
Not Provided
0
0
56 - 10+ Units
17852
2021
Paved,Sidewalk
Composition
: Wood
: Laminate, Carpet, Vinyl Plank
: Sewer connected
Westlake Associates, Inc.
Joseph Kinkopf
Active
NWM108897
10,670 Sqft
NWM7019

Residential Income For Sale

6511 Armar Road, Marysville, Washington 98270

0 Bedrooms
0 Bathrooms
29,621 Sqft
$2,400,000
NWMLS # #NWM1854292
Basic Details
Property Type : Residential Income
Listing Type : For Sale
NWMLS # : NWM1854292
Price : $2,400,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1968
Lot Area : 29,621 Sqft
Agent info
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