Strawberry Knoll Apartments Multi-Family FOR SALE


Mill Valley, CA - Strawberry
$13,000,000 USD
415-288-7811
, Mill Valley, CA for Sale
$13,000,000 USD
Multi-Family - FOR SALE
1/4
null | 4.34% Cap Rate

Strawberry Knoll Apartments
Mill Valley, CA
Strawberry


HIGHLIGHTS

  • Mill Valley is one of the most highly desirable and exclusive communities in the Bay Area
  • Significant capital has been invested across the asset, with approximately $2.5 million spent on comprehensive renovations and upgrades
  • Less than 500 New units delivered in the last 20+ years
  • Significant value add opportunity

OVERVIEW

Strawberry Knoll Apartments at 19 Knoll Lane & 1030 Redwood Highway Frontage Road, a rare multifamily investment opportunity located in the world-renowned city of Mill Valley. Constructed in 1957 & 1964 and remodeled in 2021, this well-maintained asset offers a unique opportunity to acquire a multifamily property in one of the Bay Area’s most prestigious and desirable Marin County locations. The asset consists of two well-maintained multifamily buildings totaling 24 units across (2) contiguous, individual parcels totaling .75 acres. The unit mix includes (15) one-bedroom units (avg. 595 SF) and (9) two-bedroom units (avg. 894 SF) with the opportunity to add (1) 1-bedroom unit. On-site amenities include assigned (covered & uncovered) parking for each unit, a swimming pool, BBQ area, a newly remodeled lounge space, and in-unit laundry for select units at 19 Knoll Lane. 1030 Redwood Hwy Frontage Rd provides storage space and an on-site laundry facility adding convenience for tenants. Ideally located, the property offers easy access to over 175,000 SF of retail, dining, and attractions at Strawberry Village. Highway 101 provides a quick commute to San Francisco. The area is known for its scenic beauty, top schools like Tamalpais High, and vibrant community. With its prime location, desirable amenities, and strong tenant demand, this property presents a compelling investment opportunity in one of Marin County’s most sought-after submarkets.

ASK ABOUT THIS PROPERTY

Matt FlahertyColliersMore Info
415-288-7811

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Matt FlahertyColliersMore Info
415-288-7811

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