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17 Clay Ct
Novato, CA 94949
Pacheco Villa · Multifamily Property For Sale
·
16 Units
EXECUTIVE SUMMARY
CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 17-41 Clay Court, Pacheco Villa, 16 units in Novato. Made up of three (3) 2 bed 1.5 bath units, twelve (12) 2 bed 1 bath units and one (1) 3 bed 2 bath unit. Pacheco Villa gives investors the opportunity to tap into Marin County's affluent resident base, and taking advantage of Marin's large local employer base.
NDA required to be signed by all interested purchasers before marketing materials can be made available. Pacheco Villa is Property 11 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
NDA required to be signed by all interested purchasers before marketing materials can be made available. Pacheco Villa is Property 11 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
PROPERTY FACTS
| Price Per Unit | $407,813 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.09% | Building Size | 15,909 SF |
| No. Units | 16 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Garden | Parking Ratio | 0.25/1,000 SF |
| Price Per Unit | $407,813 |
| Sale Type | Investment |
| Cap Rate | 5.09% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,909 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 0.25/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer
- Ceiling Fans
- Porch
SITE AMENITIES
- Pool
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 3 | - | 987 |
| 2+2 | 12 | - | 996 |
| 3+2 | 1 | - | 996 |
PROPERTY TAXES
| Parcel Number | 160-581-14 | Improvements Assessment | $790,257 |
| Land Assessment | $871,032 | Total Assessment | $1,661,289 |
PROPERTY TAXES
Parcel Number
160-581-14
Land Assessment
$871,032
Improvements Assessment
$790,257
Total Assessment
$1,661,289
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