$1,000,000 USD
425-775-8525
6506 Armar Rd
Marysville, WA 98270
Downtown Marysville
HIGHLIGHTS
- City-approved plans for 16 townhomes with all civil engineering and subdivision work completed.
- Level 0.92-acre site with full utilities in place.
- Located centrally in Marysville with convenient access to I-5 and key regional thoroughfares.
- Existing house provides interim income opportunity during project planning and build-out phases.
- Within a growing residential submarket near schools, shopping, and local amenities.
- Situated in a competitive yet supply-constrained area, supporting strong multifamily demand.
OVERVIEW
Investors & Builders Alert ! Great Location in the Heart of Marysville Prime area rarely find .92 Acre Level lot Multifamily Zoning 16 Townhomes approved by City of Marysville, all Civil Engineering subdivision complete and just need start ground work. Existing House is really in good condition & livable occupied by Tenant.
FOR SALE DETAILS
PRICE
$1,000,000 USD
PRICE/SF
$417 USD /SF
# OF UNITS
17
PRICE/UNIT
$58,824
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1928
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.99 AC
LAND SF
43,228 SF
ZONING
-
APN/PARCEL ID
300528-004-027-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
425-775-8525
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
425-775-8525
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
