206-607-1752
1310 Cedar Ave, Marysville, WA for Sale
Apartments - FOR SALE
1/8
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1310 Cedar Ave
Marysville, WA 98270
Downtown Marysville


HIGHLIGHTS

  • Accretive Assumable Debt
  • Desirable New Construction
  • Luxury Interior Finishes
  • Well-Amenitized Building
  • Booming Employment Base
  • Limited Nearby Supply Pipeline

OVERVIEW

Cushman & Wakefield Capital Markets is pleased to present an exclusive opportunity to acquire the Clover Station Apartments, a 32-unit, modern suburban multifamily asset near Downtown Marysville, Washington. Built in 2020, the property offers investors the rare opportunity to acquire a newer vintage, high-quality community with accretive assumable debt at 3.585% until April 2031, a strong unit mix, and a full suite of amenities—features seldom found in a property of this size. Clover Station stands out with spacious floorplans averaging 815 square feet, featuring a desirable mix of one-bedroom, two-bedroom, and three-bedroom units designed to appeal to a broad tenant base seeking a suburban lifestyle. Each apartment is outfitted with in-unit washers and dryers, granite counters, stainless steel appliances, modern cabinetry and finishes, and private balconies or patios on select units. What truly sets Clover Station apart is its robust community amenity offering, uncommon for a 32-unit community. Residents enjoy access to a cozy resident game room, coffee machine in the lobby, air-conditioned fitness center, secure entry, ample surface parking, landscaped outdoor areas, a picnic zone, and basketball court —delivering a lifestyle more typically associated with larger, institutional properties. Located in the heart of a rapidly growing Marysville market, Clover Station benefits from proximity to a strong and expanding employment base across aerospace, logistics, healthcare, and advanced manufacturing. Marysville and the greater Snohomish County market continue to attract significant investment and in-migration, supported by its relative housing affordability, convenient access to I-5 and Highway 9, and proximity to job centers in Everett, Arlington, and North Seattle. With high-quality construction, durable materials, low near-term capital needs, and operational upside, Clover Station offers a compelling mix of stability and growth potential in one of Puget Sound’s fastest growing submarkets.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

32

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clover Station

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,390 SF

ZONING

R28MFH

APN/PARCEL ID

300528-002-049-00

ASK ABOUT THIS PROPERTY

Matt KemperCushman & WakefieldMore Info
206-607-1752

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Matt KemperCushman & WakefieldMore Info
206-607-1752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.