100-106 Sycamore Ave - Apartments FOR SALE


San Anselmo, CA 94960
$9,725,000 USD
415-535-7414
100-106 Sycamore Ave, San Anselmo, CA for Sale
$9,725,000 USD
Apartments - FOR SALE
1/12
null | 4.25% Cap Rate

100-106 Sycamore Ave
San Anselmo, CA 94960


OVERVIEW

CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 100 Sycamore Avenue, Sycamore Creek Apartments, 24 units in San Anselmo. Made up of five (5) 1 bed 1 bath units, fifteen (15) 2 bed 1 bath units, and four (4) 2 bed 1.5 bath townhome units. Sycamore Creek gives investors the opportunity to tap into Marin County's affluent resident base, and taking advantage of Marin County’s large local employer base. NDA required to be signed by all interested purchasers before marketing materials can be made available. Sycamore Creek is Property 7 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio). The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team

FOR SALE DETAILS

PRICE

$9,725,000 USD

PRICE/SF

$443 USD /SF

# OF UNITS

24

PRICE/UNIT

$405,208

CAP RATE

4.25%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sycamore Creek

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

R-3, San Anselmo

APN/PARCEL ID

006-083-38

ASK ABOUT THIS PROPERTY

Ben MollahanCBREMore Info
415-535-7414

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Ben MollahanCBREMore Info
415-535-7414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.