17 Clay Ct - Apartments FOR SALE


Novato, CA 94949
$6,525,000 USD
415-535-7414
17 Clay Ct, Novato, CA for Sale
$6,525,000 USD
Apartments - FOR SALE
1/18
null | 5.09% Cap Rate

17 Clay Ct
Novato, CA 94949


OVERVIEW

CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 17-41 Clay Court, Pacheco Villa, 16 units in Novato. Made up of three (3) 2 bed 1.5 bath units, twelve (12) 2 bed 1 bath units and one (1) 3 bed 2 bath unit. Pacheco Villa gives investors the opportunity to tap into Marin County's affluent resident base, and taking advantage of Marin's large local employer base. NDA required to be signed by all interested purchasers before marketing materials can be made available. Pacheco Villa is Property 11 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

$6,525,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

16

PRICE/UNIT

$407,813

CAP RATE

5.09%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pacheco Villa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

160-581-14

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.