6511 Armar Road,  Marysville  (98270)

$3,100,000

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Listed By: Northmarq Commercial, LLC MLS Board Logo

PROPERTY DETAILS

Address: view address
Marysville, WA 98270
Map Location
Features: Multi-level
Lot Size:29621.0Year Built:1968
Property Type:Multi FamilyNeighborhood:Marysville
County:SnohomishList Date:2024-12-12
Listing Number:2316705Listed By:Northmarq Commercial, LLC

PROPERTY DESCRIPTION

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.

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Interior

Features

Flooring:Vinyl

Cooling & Heating

Cooling features:NoneHeating features:Geothermal, Baseboard
Heating:Yes

Exterior

Exterior and Lot

Lot features:PavedConstruction Materials:Brick, Wood Siding
Roof:Composition

Property Features

Patio and Porch features:Patio

Property and Lot Details

Schools

Elementary School:Liberty ElemMiddle or Junior School:Marysville Mid
High School:Marysville Getchell High

Fee

Annual Tax:22188

Building Information

Year Built:1968Stories:2

Lot

Lot Dimensions:29621.0

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Northmarq Commercial, LLC MLS Board Logo