Investment Overview

Marcus & Millichap is pleased to present the attractive multifamily investment opportunity located at 1205 Casino Road in Everett, Washington. The multifamily asset features spacious residential units averaging more than 1,000 square feet, with a unit mix primarily consisting of highly desirable two- and three-bedroom floor plans. The property offers a compelling combination of size, functionality, and long-term tenant appeal, making it well positioned within today’s competitive rental market. Large unit layouts provide residents with enhanced livability and flexibility, qualities that continue to drive strong tenant demand and retention among families and working professionals alike. The property has been well maintained with minimal deferred maintenance, allowing investors to benefit from reduced near-term capital expenditure requirements and operational stability. Residents enjoy desirable amenities including in-unit washer and dryer appliances and convenient on-site parking, features that significantly enhance tenant satisfaction and support premium rental positioning within the submarket. Additionally, the asset benefits from a strong and stable tenant base supported by excellent proximity to major regional employers, including Boeing and Naval Station Everett. Access to these significant employment centers provides a dependable pool of renters and reinforces the property’s long-term occupancy potential. With its combination of large floor plans, strong location fundamentals, and operational stability, this offering presents an excellent opportunity for investors seeking dependable cash flow and long-term growth potential.