401 Ash St - Apartments FOR SALE


Mill Valley, CA 94941- Tamalpais Valley
$4,795,000 USD
415-420-1817
401 Ash St, Mill Valley, CA for Sale
$4,795,000 USD
Apartments - FOR SALE
1/13
null | 4.05% Cap Rate

401 Ash St
Mill Valley, CA 94941
Tamalpais Valley


OVERVIEW

Pride of ownership ten (10) unit apartment building available for purchase in Mill Valley, CA comprised of four (4) 1 Bedroom, 1 Bathroom and six (6) 2 Bedroom, 1 Bathroom units. Ideal location and unit mix appealing to a broad range of renters. In-place rents are below market with an additional $250+ in renovation premiums providing a value-add investor immediate upside. Low maintenance and low expense building with all units separately metered for PG&E and Water. Fifteen (15) off street parking spaces and an open courtyard for tenants to enjoy. Located approximately 14 miles north of San Francisco, just across the Golden Gate Bridge, the property provides tenants with easy access to a safe, suburban community with proximity to the City and the nature that surrounds it. This is a great opportunity to purchase a turn key asset in one of Marin's most desirable rental locations.

FOR SALE DETAILS

PRICE

$4,795,000 USD

PRICE/SF

$731 USD /SF

# OF UNITS

10

PRICE/UNIT

$479,500

CAP RATE

4.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,097 SF

ZONING

-

APN/PARCEL ID

050-242-23

ASK ABOUT THIS PROPERTY

Mark VasquezMark VasquezMore Info
415-420-1817

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Mark VasquezMark VasquezMore Info
415-420-1817

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