CBRE, Inc., as the exclusive listing agents, is pleased to offer for sale 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 $400 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 7.01% cap rate. Ownership has done several capital improvements to the property including unit interior improvements, electrical sub-panel replacement, etc. Please contact CBRE for more information.