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107 Marin St
San Rafael, CA 94901
Multifamily Property For Sale
·
11 Units
EXECUTIVE SUMMARY
CBRE, as exclusive listing agent, is please to present the opportunity to purchase 107 Marin Street - 11 units in San Rafael comprising of ten (10) 1 bed 1 bath units and one (1) 2 Bed 1 Bath unit. As the San Francisco AI boom spills over, Marin County is solidifying its status as a secondary hub for startups. 107 Marin offers investors a strategic entry point to utilize the county's continuously expanding workforce.
NDA required to be signed by all interested purchasers before marketing materials can be made available. 107 Marin is Property 4 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.
NDA required to be signed by all interested purchasers before marketing materials can be made available. 107 Marin is Property 4 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.
PROPERTY FACTS
| Price Per Unit | $494,917 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 4.94% | Building Size | 16,136 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1975 |
| Apartment Style | Low-Rise | Parking Ratio | 2.12/1,000 SF |
| Zoning | MR2, San Rafael - Multifamily Residential | ||
| Price Per Unit | $494,917 CAD |
| Sale Type | Investment |
| Cap Rate | 4.94% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 16,136 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | MR2, San Rafael - Multifamily Residential |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Granite Countertops
- Stainless Steel Appliances
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walking/Biking Trails
- Maintenance on site
- Sundeck
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 550 - 636 |
| 2+1 | 1 | - | 636 |
PROPERTY TAXES
| Parcel Number | 012-172-11 | Improvements Assessment | $3,155,291 CAD |
| Land Assessment | $2,526,784 CAD | Total Assessment | $5,682,074 CAD |
PROPERTY TAXES
Parcel Number
012-172-11
Land Assessment
$2,526,784 CAD
Improvements Assessment
$3,155,291 CAD
Total Assessment
$5,682,074 CAD
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