This Multifamily Property is no longer advertised on LoopNet.com.

75 Woodland Ave
San Rafael, CA 94901

Woodland Apartments · Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • Starting Cap Rate of 5.48% Moving to 6% Cap Rate with 2024 Available Rent Increase
  • Substantial Rental Upside - Current Rents Estimated to be 18% Below Market
  • Very Stable Tenant Profile - 44% of Tenants in Residency for 5+ Years
  • Less than One Mile to Downtown San Rafael
  • Appears to be Well Maintained by Hands On Resident Manager with Strong Trade Skills

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.43 AC
Building Size 9,468 SF
No. Stories 1
Year Built 1955
Parking Ratio 1.69/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - -
1+1 4 - -
2+1 4 - -

PROPERTY TAXES

  • Listing ID: 30876878

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 75 Woodland Ave, San Rafael, CA 94901