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$2,250,000
Est. payment /mo
4,316 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $521
MLS Listing ID ML82058478
HOA Y/N No
Year Built 1947
Lot Size 0.253 Acres
Property Sub-Type Other
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
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Exterior
Handicap Access Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 01306165
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Listed by Adam Foley • CBRE, Inc.
NEARBY SCHOOL & BUSINESS
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Eric & Janelle Boyenga
Realtors DRE01254724 / 01254725
Realtors DRE01254724 / 01254725