Homes for sale - 16 Marian CT, San Rafael, CA 94901

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

$2,650,000

Est. payment - /mo

0.46 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82001888

HOA Y/N No

Year Built 1971

Annual Tax Amount $40,000

Lot Size 0.456 Acres

Property Description

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.

Location

State CA

County Marin

Area 699 - Not Defined

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 14

Schools

School District Other

Others

Tax ID 01726211

Special Listing Condition Standard

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Listed by Jefrey Henderson • Jefrey Henderson, Broker

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

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16 Marian CT San Rafael, CA 94901