$ 2,650,000
-
$2,650,000
Price -
0
Bed - Bath
-
8,568
SqFt
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About the Listing ML5009585 - ML5067171
16 Marian Court Apartments (the Property) comprised of 11 market rate units in San Rafael, California. Comprised of (7) 1 Bedroom, 1 Bathroom floorplans, and (4) 2 Bedroom, 1 Bathroom floorplans. This property is the ideal location and mix for the target demographic. In-place rents are nearly $500 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 6.18% cap rate.
Listing Highlights for 16 Marian Ct
Status
Active
Days on Site
148
Property Type
Commercial Sale
MLS ®
ML82001888
Year Built
1971
Total Square Footage
8,568
Lot/Acreage
N/A
County
Marin
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 14
- Zoning: N/A
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $40,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 01726211
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
16 Marian Ct San Rafael, CA 94901
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