Property Detail

16 Marian

San Rafael CA 94901

$2,800,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Jefrey Henderson of Jefrey Henderson, Broker. Last updated 2025-04-11 08:34:12.000000. Listing information © 2024 CRMLS.

Pablo Martinez

Pablo Martinez

DRE# 01353280

P.O. Box 22291
San Diego, CA 92192
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619.480.0890

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Pablo Martinez, Realty of Southern California Logo
DRE# 01353280
P.O. Box 22291 San Diego, CA 92192


Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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