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$2,850,000

Est. payment - /mo

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0.36 Acres Lot

Active

20 Marian CT San Rafael, CA 94901

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82001890

HOA Y/N No

Year Built 1963

Annual Tax Amount $48,000

Lot Size 0.357 Acres

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

Area 699 - Not Defined

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 12

Schools

School District Other

Others

Tax ID 01726222

Special Listing Condition Standard

Listed by Jefrey Henderson Jefrey Henderson, Broker

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