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6506 Armar Rd 17 Unit Apartment Building $1,000,000 ($58,824/Unit) Marysville, WA 98270
Investment Highlights
- City-approved plans for 16 townhomes with all civil engineering and subdivision work completed.
- Located centrally in Marysville with convenient access to I-5 and key regional thoroughfares.
- Within a growing residential submarket near schools, shopping, and local amenities.
- Level 0.92-acre site with full utilities in place.
- Existing house provides interim income opportunity during project planning and build-out phases.
- Situated in a competitive yet supply-constrained area, supporting strong multifamily demand.
Executive Summary
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.
Property Facts
| Price | $1,000,000 | Property Subtype | Apartment |
| Price Per Unit | $58,824 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.99 AC |
| Sale Condition | Redevelopment Project | Building Size | 2,400 SF |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Price | $1,000,000 |
| Price Per Unit | $58,824 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.99 AC |
| Building Size | 2,400 SF |
| No. Stories | 2 |
| Year Built | 1928 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 17 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 300528-004-027-00 | Improvements Assessment | $0 |
| Land Assessment | $800,000 | Total Assessment | $800,000 |
Property Taxes
Parcel Number
300528-004-027-00
Land Assessment
$800,000
Improvements Assessment
$0
Total Assessment
$800,000
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6506 Armar Rd
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