CA > San Rafael
San Rafael, CA 94901,20 Marian CT
San Rafael, CA 94901,20 Marian CT
San Rafael, CA 94901,20 Marian CT
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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$2,850,000
Est. payment /mo
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2 Beds
1 Bath
8,232 SqFt
Active

20 Marian CT San Rafael, CA 94901

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Brielle Bariteau

Brielle Bariteau

+1(831) 643-5965

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,232 sqft

Price per Sqft $346

MLS Listing ID ML82001890

Bedrooms 2

Full Baths 1

Year Built 1963

Lot Size 0.357 Acres

Property Sub-Type Five or More Units

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 San Rafael

Interior

Heating Central Forced Air

Cooling None

Exterior

Parking Features Assigned Spaces

Utilities Available Individual Electric Meters

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Private

Water Individual Water Meter

Others

Restrictions None

Tax ID 017-262-22

Security Features None

Special Listing Condition Not Applicable

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agent

Brielle Bariteau

Owner CEO | REALTOR | Certified Property Manager | Certified Transaction Coordinator | License ID: 02049882

+1(831) 643-5965

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