107 Marin St - Apartments FOR SALE


San Rafael, CA 94901- Gerstle Park
$3,900,000 USD
415-535-7414
107 Marin St, San Rafael, CA for Sale
$3,900,000 USD
Apartments - FOR SALE
1/13
null | 4.94% Cap Rate

107 Marin St
San Rafael, CA 94901
Gerstle Park


OVERVIEW

CBRE, as exclusive listing agent, is please to present the opportunity to purchase 107 Marin Street - 11 units in San Rafael comprising of ten (10) 1 bed 1 bath units and one (1) 2 Bed 1 Bath unit. As the San Francisco AI boom spills over, Marin County is solidifying its status as a secondary hub for startups. 107 Marin offers investors a strategic entry point to utilize the county's continuously expanding workforce. NDA required to be signed by all interested purchasers before marketing materials can be made available. 107 Marin is Property 4 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

$3,900,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

11

PRICE/UNIT

$354,545

CAP RATE

4.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

MR2, San Rafael

APN/PARCEL ID

012-172-11

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.