Roby Realty
Listed by Roby Realty
$1,290,000
12-35 Grove Court
Details
APN 29-0006308-0000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 10
NOI $129,000
Price per SqFt $137
Year Built 1961
Acreage 1.790
Multifamily | 10 Units
Marketing description
Exceptional and rare 10-unit multifamily investment in Marysville consisting of five duplex buildings (10 units total). All units are single-level ranch-style, a highly desirable layout that supports long-term tenancy, reduced turnover, and lower maintenance. The unit mix includes eight 2-bedroom/1-bath units and two 3-bedroom/1-bath units, appealing to a broad tenant base. All buildings feature new roofs, and the units are well maintained on the interior, reflecting pride of ownership. The property generates $10,750 in gross monthly income ($129,000 annually) with separately metered, tenant-paid utilities, and offers clear upside with room for future rent increases. A stabilized, in-place cash-flowing asset ideal for investors or 1031 exchange buyers in a supply-constrained market.
Listing Contacts
Roby Realty
Listed by Roby Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,000.00
$10,750.00/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
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