Listed by CBRE - San Jose
$2,650,000
16 Marian Ct
Details
Property Type Multifamily
Sub Type Apartment Building
Units 11
Cap Rate 5.00%
Class C
Value-Add Opportunity at Attractive Basis in Marin County
Marketing description
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 $500 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 7.08% cap rate.
Investment highlights
Value Add
Low Basis
Listing Contacts
Listed by CBRE - San Jose
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Zoning
HR1.5 ResidentialMulti FamilyHigh Density Multi Family Residential District
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View all 37 uses
View all 37 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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