6511 Armar Road

Marysville, WA 98270

  • Bed

  • Bath

  • 0 SqFt

  • 171 DOM

  • Built: 1968

  • Status: Sold

$2,950,000

X

6511 Armar Road

Marysville 98270

Sold

$2950000

  • Bed

  • Bath

  • 0 SqFt

  • 171 DOM

  • Built: 1968

  • Status: Sold

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Krishna Regupathy

Principal Broker

(503) 893-8874

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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