Eagle Rock Apartments | 1052 Redwood Hwy Frontage Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Eagle Rock Apartments 1052 Redwood Hwy Frontage Rd
25 Unit Apartment Building $9,995,000 ($399,800/Unit) 4.29% Cap Rate Mill Valley, CA 94941
Investment Highlights
- Two (2) Building, 25-Unit Apartment Complex
- New Salt-Water Pool
- Extensively Rehabilitated
- Approximately 6 Miles to Golden Gate Bridge
Executive Summary
Keegan & Coppin Co., Inc. is proud to offer this southern Marin County multi-family investment opportunity located just minutes from the best parts of the region. Eagle Rock Apartments was acquired in 2022 and has been in a constant state of rehabilitation since. It is located along the frontage road for Redwood Hwy and is walking distance to public transportation and the high-end Strawberry Village retail center.
Property Facts
| Price | $9,995,000 | Apartment Style | Low Rise |
| Price Per Unit | $399,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.29% | Building Size | 9,905 SF |
| Gross Rent Multiplier | 16.03 | Average Occupancy | 92% |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 2.52/1,000 SF |
| Price | $9,995,000 |
| Price Per Unit | $399,800 |
| Sale Type | Investment |
| Cap Rate | 4.29% |
| Gross Rent Multiplier | 16.03 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 9,905 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.52/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Views
Site Amenities
- 24 Hour Access
- Controlled Access
- Picnic Area
- Pool
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 19 | - | 350 |
| 1+1 | 6 | - | 543 |
1 of 1
PROPERTY TAXES
| Parcel Number | 034-071-09 | Improvements Assessment | $4,930,000 |
| Land Assessment | $2,870,000 | Total Assessment | $7,800,000 |
PROPERTY TAXES
Parcel Number
034-071-09
Land Assessment
$2,870,000
Improvements Assessment
$4,930,000
Total Assessment
$7,800,000
zoning
| Zoning Code | RMPC-7 (RMPC-7, Residential Commercial Planned (Unincorporated Marin County)) |
| RMPC-7 (RMPC-7, Residential Commercial Planned (Unincorporated Marin County)) |
-
James Manley -
Keegan & Coppin Company, Inc.
(707) 664-1400
x307
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Eagle Rock Apartments | 1052 Redwood Hwy Frontage Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.