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.
For sale
Price cut: $150K (5/19)
$2,850,000
Marian Sanrafael, San Rafael, CA 94901
--beds
--baths
8,232sqft
Est.:
Five Or More Units,
Built in 1963
-- sqft lot
$2,780,000 Zestimate®
$346/sqft
$-- HOA
What's special
- 124 days
- on Zillow |
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