Property Detail
Description
16 Marian Court Apartments (the Property) comprised of 11 market rate units in San Rafael, California. Comprised of (7) 1 Bedroom, 1 Bathroom floorplans, and (4) 2 Bedroom, 1 Bathroom floorplans. This property is the ideal location and mix for the target demographic. In-place rents are nearly $500 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 6.18% cap rate.
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Listing provided courtesy of Jefrey Henderson of Jefrey Henderson, Broker. Last updated 2026-02-17 09:37:49.000000. Listing information © 2025 CRMLS.
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CA DRE# 01883192
770 1st Ave, Suite 250 San Diego, CA 92101
Based on information from California Regional Multiple Listing Service, Inc., as of 2025 and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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