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.
Listing Provided Courtesy of Brendan Greenheck, Northmarq Multifamily, LLC
General Information
NWM2316705
Multi Family
171
DOM
0.68 acres
0
1968
Multi-F
Snohomish
Liberty Elem
Marysville Mid
Marysville Getc
Residential Incom
Multi Family
Listing Provided Courtesy of Brendan Greenheck, Northmarq Multifamily, LLC
Krishna Realty data last checked: Aug 13, 2025 15:15 | Listing last modified Jul 04, 2025 11:00,
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Residence Information
0
Composition
56 - 10+ Units
1968
Features and Utilities
Brick, Wood
Available
0
Financial
22188
Cash Out, Conventional
12-13-2024
Comparable Information
171
171
06-03-2025
Cash Out, Conventional
$3,100,000
$3,100,000
$2,636,500
Jul 04, 2025 11:00
Schools
Elementary : Liberty ElemN/ARatings Middle : Marysville Mid N/ARatings High : Marysville GetcN/ARatings
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.