5 Unit Apartment Complex
Multifamily | 5 Units | $125,000/unit
Marketing description
Excellent opportunity to acquire a fully occupied 5-unit multifamily property in Marysville. The property consists of three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable mix of unit types for a broad tenant base. Current gross scheduled rental income is $5,275 per month or $63,300 annually. The property features separate gas and electric meters, helping minimize owner-paid utility expenses. Recent capital improvements include a newer composition roof and dual-pane windows, reducing future maintenance concerns and improving overall efficiency. Situated on a generous 0.23-acre lot, the property offers ample outdoor space along with a detached garage/storage building that provides additional utility and potential value-add opportunities. Conveniently located near downtown Marysville, shopping, dining, schools, and major transportation routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this stabilized, income-producing asset offers immediate cash flow with long-term upside potential.
Investment highlights
- Good unit mix of 1 and 2 bedroom apartments.
- Individually metered for gas and electric.
- Updates include newer composition roof, dual pane windows and updated kitchens.
- Located near downtown Marysville, shopping, dining, schools, and major transportation routes.
- Offered at $125,000 per door.
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