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16 Marian Court, San Rafael, CA 94901
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16 Marian Court
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  • MLS#: ML82001888 ( )
  • Street Address: 16 Marian Court
  • Viewed: 10
  • Price: $2,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 0
  • Days On Market: 78
  • Additional Information
  • County: MARIN
  • City: San Rafael
  • Zipcode: 94901
  • Provided by: Jefrey Henderson, Broker
  • Contact: Jefrey Jefrey
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 8568.00
Carport Spaces
  1. 0.00
Cooling
  1. None
Heating
  1. Central
Insurance Expense
  1. 29000.00
Otherexpense
  1. 0.00
Parcel Number
  1. 01726211
Roof
  1. Flat
Totalexpenses
  1. 133000.00
Trash Expense
  1. 20000.00
Views
  1. 10
Year Built
  1. 1971
Year Built Source
  1. Assessor
Zoning
  1. N/A