The Armar Townhomes is a well-maintained asset in a quiet, residential neighborhood in Marysville, Washington. Having been meticulously maintained by the current ownership, there is very little capital expenditure needed. Most units are townhome style, with massive and efficient floor plans. Income can be pushed through both management and a value-add strategy to reposition units. In addition to the physical asset, Marysville has seen rapid appreciation. Rents in this market have risen 8% in 2021 alone. This puts this offering in a very opportunistic place, where you can now achieve premium rents when renovating to high-end finishes.
Current Location
