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$ 2,250,000
Est. payment | /mo
0.25 Acres Lot
$ 2,250,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82058478
HOA Y/N No
Year Built 1947
Annual Tax Amount $39,055
Lot Size 0.253 Acres
Property Description
390 Woodland Apartments (the Property) is an 8-unit multifamily asset in San Rafael, comprised of four (4) studio and four (4) one bedroom floorplans totaling approximately 4,316 rentable square feet. The compact, efficient unit mix targets the submarkets entry-level and single-renter demand. Beyond its in-place cash flow, the Property offers a rare combination of location and upside. San Rafael, the heart of a supply-constrained and highly desirable Marin County market, drives durable demand for efficient studio and one-bedroom units, give an incoming owner a clear path to reset rents to market and lift income over the near term.
Location
State CA
County Marin
Area 699 - Not Defined
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 2
Roof Type Shingle
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 01306165
Special Listing Condition Standard
Listed by Adam Foley CBRE, Inc. #02144332
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