14701 50th Dr NE, Marysville, WA 98271

$12,985,000
58,092
SqFt

Listing courtesy of John L. Scott Everett.

List Price
$12,985,000
Status
PENDING FEASABILITY
MLS#
1405766
Price Change
▼ $315,000 1557432770
Days on Market
118
Style
56 - 10+ Units
Building Condition
['Very Good']
Finished SqFt
58,092
Lot Size (sq ft)
116,906

Property Description

54 high end units featuring granite counters, maple cabinets, & Hemlock mill work. All units have private garages and additional driveway parking. Built in 2012 & in excellent condition. 18 of the units have private fenced yards and all others have private balconies. 36 3 Bed/2 Bath and 18 2 Bed/2 Bath units. This is your opportunity to own the nicest multi-family project in North County. Easy commute to Boeing Plant and Port of Everett. Rents total $1,086,060 per year. Owner Financing Avail.

Additional Information

List Date
2019-01-28 00:00:00
Community
Marysville
Property Type
MULT
Units
54
Stories
2
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
2012
Total Parking
178
Uncovered Parking
98
Exterior
Cement Planked
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio, Sprinkler System
Lot Details
Paved Street
School District
Marysville
Total Monthly Income
$90,505
Gross Scheduled Income
$1,086,060
Gross Adjusted Income
$869,343
Annual Taxes
$112,013
Tax Year
2018
Insurance Expense
$11,580
W/S/G Expenses
$65,539
Total Expenses
$216,717
Net Operating Income
$869,343
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1122
Unit 1 Rent
$1,700
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1122
Unit 2 Rent
$1,750
Unit 3 Beds
3
Unit 3 Baths
2.00
Unit 3 Size
1118
Unit 3 Rent
$1,645
Unit 4 Beds
3
Unit 4 Baths
2.00
Unit 4 Size
1118
Unit 4 Rent
$1,665
Unit 5 Beds
2
Unit 5 Baths
2.00
Unit 5 Size
950
Unit 5 Rent
$1,595
Unit 6 Beds
2
Unit 6 Baths
2.00
Unit 6 Size
950
Unit 6 Rent
$1,595
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