Property Detail

16 Marian

San Rafael CA 94901

$2,650,000

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 2025-05-20 08:53:10.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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