For sale
  • Price cut: $150K (5/19)
    $2,650,000

    Marian Sanrafael, San Rafael, CA 94901

    --beds
    --baths
    8,568sqft
    : 
    Five Or More Units,
    Built in 1971
    -- sqft lot
    $2,589,100 Zestimate®
    $309/sqft
    $-- HOA

    What's special

    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.
    121 days
    on Zillow
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    45
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    3
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