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27337190
27337191

515 B St, San Rafael, CA 94901

BM
CA 02136790
CBRE - San Jose
AF
CA 02144332
CBRE - San Jose
Listed by CBRE - San Jose
$3,275,000
259 days on market
Updated 136 days ago

Brookside Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,342
Cap Rate 4.74%
NOI $155,279
Pro-Forma Cap Rate 5.95%
Pro-Forma NOI $194,933
Price per SqFt $613
Buildings 1

Multifamily | $327,500/unit

Marketing description

CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 515 B Street, Brookside, ten 1 bed 1 baths units in Marin County. Marin County is beginning to follow San Francisco as a hub for startups and AI, creating a fresh investment landscape. The key advantage for capital is the chance to immediately benefit from Marin's growing pool of talent.

NDA required to be signed by all interested purchasers before marketing materials can be made available. Brookside Apartments is Property 3 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


Listing Contacts

BM
CA 02136790
CBRE - San Jose
AF
CA 02144332
CBRE - San Jose
Listed by CBRE - San Jose

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$155,279.00
$12,939.92/mo

Valuation Metrics

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DSCR
4.74%
Cap Rate
4.74%
ROI

Map

Zoning

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MR2 ResidentialMulti FamilyMedium Density Multi Family Residential District
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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