6-Unit Townhome Apartment
For Sale
$3,570,000
4716 72nd St NE Street NE, Marysville, WA 98270
Four-bedroom layouts combine rooftop decks with attached garages and an entry-level bedroom with a full bath.
Property Size10,350 SF
Price / SF$344.93
Days on Market287
Property Features for 4716 72nd St NE Street NE
General Information
Standard status
Active
Size
10,350 SF
Property subtype
Multi Family
Units
Unit Mix
6 x 4BR/3BA
Multifamily Units
6
Parking per Unit
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$13,678
Building Details
Building Size
10,350 SF
Year Built
2022
Listing Agency:
Best Choice Realty LLC
Listed By:
Liuyan Baker
(206) 886-3986
Source:
Lapishomesre
Added: Jan 13
Changed: Oct 26
Last Checked: Oct 26 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Best Choice Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this six-home apartment property comprises townhomes with four bedrooms and three bathrooms each. Interior features include open layouts, quartz kitchens with large islands, vinyl plank flooring, and oversized windows. Each residence also has a rooftop deck, an entry-level bedroom with a full bath, and an attached two-car garage.
The property is in Marysville near shopping, dining, and Seattle Premium Outlets, with access to I-5. There is no rental cap.
The property is in Marysville near shopping, dining, and Seattle Premium Outlets, with access to I-5. There is no rental cap.
Key Highlights
- Six townhomes offered as one property
- Each residence has 4BR/3BA and an attached 2‑car garage
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,808
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,096,160
$3.1M
Cap Rate 7%
$2,211,543
$2.2M
Cap Rate 9%
$1,720,089
$1.7M
Market Conditions
NOI Build-Up for 10,350 SF
Gross rent
$304.3K $29.40/SF
− Vacancy
−$22.8K −$2.21/SF
EGI
$281.5K $27.20/SF
− OpEx
−$126.7K −$12.24/SF
NOI
$154.8K $14.96/SF
Area
Snohomish County, WA
Vacancy
7.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,096,160
Cap Rate 7%
$2,211,543
Cap Rate 9%
$1,720,089
Alternative Uses
Best Use
Apartment 5plus
$2.21M
$1.94M – $2.58M
NOI $154,808 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,051 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 98270, WA
51,969
Population
19,840
Households
2.6
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
3,634
Density / Sq Mi
$102,258
Median Household Income
$50,619
Median Earnings
$1,845
Median Rent
$540,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four-bedroom layouts combine rooftop decks with attached garages and an entry-level bedroom with a full bath.
Where is this apartment building located?
The property is located at 4716 72nd St NE Street NE Marysville, WA.
What is the asking price?
The asking price for this property is $3,570,000.
What are key features of this property?
This property features: Six townhomes offered as one property; Each residence has 4BR/3BA and an attached 2‑car garage; Built in 2022
