Description
Prime Investment Alert: A builder's dream site in the heart of Marysville! APPROVED SITE PLANS FOR THE FUTURE DEVELOPMENT OF A 16-UNIT APARTMENT BUILDING. The FUTURE three-story building will include a gated 28-lot parking lot, 14 storage units, & one ADU unit on the ground level. Unit sizes will vary, with two 1-bed 1-bath units, nine 2-bed 2-bath units, and five 3-bed 2-bath units. The total living space for all units will be about 21,000 sq. ft., with a total area to build of about 30,000 sq. ft. Permit approval is expected to be released at the end of May 2023. Due to the low maintenance cost and newly built, the expected RENT CAP is 8.26. Double-listed VALUE IN LAND. Construction cost breakdown & rental income analysis are available.
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0BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
Listing information ©2023 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Sold by .Description
Prime Investment Alert: A builder's dream site in the heart of Marysville! APPROVED SITE PLANS FOR THE FUTURE DEVELOPMENT OF A 16-UNIT APARTMENT BUILDING. The FUTURE three-story building will include a gated 28-lot parking lot, 14 storage units, & one ADU unit on the ground level. Unit sizes will vary, with two 1-bed 1-bath units, nine 2-bed 2-bath units, and five 3-bed 2-bath units. The total living space for all units will be about 21,000 sq. ft., with a total area to build of about 30,000 sq. ft. Permit approval is expected to be released at the end of May 2023. Due to the low maintenance cost and newly built, the expected RENT CAP is 8.26. Double-listed VALUE IN LAND. Construction cost breakdown & rental income analysis are available.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Hansen Group Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-05-31T15:15:15.29. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-05-31T15:15:15.29. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.