20 Marian Court Active

San Rafael,CA 94901

$ 3000000

- Bed

0 Bath

8232 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,232 sqft

Price per Sqft $364

MLS Listing ID ML82001890

HOA Y/N No

Year Built 1963

Lot Size 0.357 Acres

Acres 0.36

Property Sub-Type Other

Property Description

20 Marian Court Apartments (the Property) comprised of 10 market rate units in San Rafael, California. Comprised of all 2 Bedroom, 1 Bathroom floorplans, this property is the ideal location and mix for the target demographic. In-place rents are nearly $600 below market rents and an additional $250+ in renovation premiums allowing for a value add investor to stabilize at a 6.57% cap rate.

Location

State CA

County Marin

Interior

Heating Forced Air

Cooling None

Fireplace No

Building

Sewer Private Sewer

New Construction No

Others

Tax ID 01726222

View More
Favorite Go Tour