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

195 Los Robles Rd
Novato, CA 94949
Ignacio Pines · Multifamily Property For Sale · 39 Units

Investment Highlights

  • $12MM in Assumable Loan Proceeds at 3.3% For Four Years
  • Extensive Unit Renovations, 2:1 Off Street Parking, On Site Coin Operated Laundry
  • Highly Sought After Location with No Rent Control Near US 101 & Shopping Outlets
  • Countless Improvements Including but not Limited to: New Roofs, Upgraded Plumbing, Water Mains, Storm Drains, Windows, and More
  • 100% Occupied w/History of Little Vacancy & Significant Rental Upside

Property Facts

No. Units 39
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.04 AC
Building Size 35,346 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1964/2017
Parking Ratio 2.28/1,000 SF
Zoning PD - Planned District

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Fireplace
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Patio
  • Smoke Free

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Recycling
  • Smoke Free
  • Storage Space
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - 600 - 826
2+1 33 - 854 - 1,008
2+2 3 - 951

Property Taxes

Property Taxes

Parcel Number
160-302-30
Land Assessment
$3,845,958
Improvements Assessment
$13,397,586
Total Assessment
$17,243,544
  • Listing ID: 30350651

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 195 Los Robles Rd, Novato, CA 94949

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