Downtown Marysville Townhomes (Status: Pending) 1350000

95, Quinn Ave, Marysville, WA  98270

Blake Investment Advisors is excited to announce the exclusive offering of the Downtown Marysville Townhomes. This is a rare opportunity to acquire a unique asset with significant rental upside in the heart of Marysville, the second most populated city in Snohomish County. The subject is located less than a mile from State Avenue, a retail corridor loaded with a variety of shopping, dining, and transportation options. All four units of these apartment homes are three-bedroom and range between 1.75 and 2 bathrooms. The subject property is extremely well-maintained with little to no deferred maintenance. The current in-place base rent for each unit is $1,705 with current ownership recapturing about $100 per month, per unit in utility bill-back. The in-place base rent is approximately 28%

Listing Details

Asset Class: Multi-Family
Year Built: 1979
Building Total Square Feet: 4800
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 8
Local Zoning Information: MMF

Listing Courtesy of: Blake Investment Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.