1206 Mariner Way - Apartments FOR SALE


$3,200,000 USD
415-625-2111
1206 Mariner Way, Tiburon, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/20
null | 3.37% Cap Rate


HIGHLIGHTS

  • Four spacious 2-bed/1.5-bath, two floor units in highly desirable Tiburon - an area with long-term appreciation potential
  • Walkable to shops, restaurants, ferry access, and the waterfront
  • Located in one of the bay area’s most affluent communities, with top-rated schools, low vacancy rates, and steady income-producing potential

OVERVIEW

Marcus & Millichap is pleased to present 1206 Mariner Way, a rare four-unit multifamily opportunity in the heart of Tiburon, one of Marin County’s most sought-after communities. The property consists of four well-maintained 2-bedroom, 1.5-bathroom, two floor units, each offering comfortable layouts and access to premium neighborhood amenities. Just minutes from downtown Tiburon’s shops, restaurants, and ferry terminal, this investment benefits from strong tenant demand, high barriers to entry, and long-term growth potential in an extremely supply-constrained market. Perfect for both investors and 1031 exchange buyers seeking stability in a premier location.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$784 USD /SF

# OF UNITS

4

PRICE/UNIT

$800,000

CAP RATE

3.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1206 Mariner Way

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,892 SF

ZONING

-

APN/PARCEL ID

058-212-10

ASK ABOUT THIS PROPERTY

Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

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Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

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