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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 7,175,000
Est. payment | /mo
2 Beds
2 Baths
14,348 SqFt
$ 7,175,000
Est. payment | /mo
2 Beds
2 Baths
14,348 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 14,348 sqft
Price per Sqft $500
MLS Listing ID ML82023822
Bedrooms 2
Full Baths 2
Year Built 1962
Lot Size 0.815 Acres
Property Sub-Type Five or More Units
Property Description
109 Professional Center Parkway, The Heights Apartments, 20 units in San Rafael made up of ten (10) 1 bed 1 bath units, and two (10) 2 bed 1 bath units. With the AI boom spilling over from San Francisco, Marin County is becoming a critical secondary tech hub. This shift provides investors a unique opportunity to access and leverage Marins expanding pool of skilled talent.. The property has been lightly renovated with LVT flooring, countertops, etc. with strong in-place cash flow and future upside, the property presents an exceptional opportunity in one of California's top rental markets.
Location
State CA
County Marin
Area San Rafael
Interior
Heating Electric
Cooling None
Exterior
Parking Features Common Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Other
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 155-073-05
Security Features None
Special Listing Condition Not Applicable
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Dave Lucas
REALTOR® | Lic# 02092197