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
Parcel Numbers |
Multiple
|
Improvements Assessment | $899,506 |
Land Assessment | $326,576 | Total Assessment | $1,226,082 |
Listing ID: 30876878
Date on Market: 2/5/2024
Last Updated:
Address: 75 Woodland Ave, San Rafael, CA 94901
The Bert Harte Multifamily Property at 75 Woodland Ave, San Rafael, CA 94901 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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