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25 Roque Moraes Ct
Mill Valley, CA 94941
Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,568 SF
No. Stories 2
Year Built 1960
Parking Ratio 1.31/1,000 SF

AMENITIES

UNIT AMENITIES

  • Balcony

ABOUT 25 ROQUE MORAES CT , MILL VALLEY, CA 94941

Marcus & Millichap has been selected to exclusively market for sale 25 Roque Moraes Court, Mill Valley, CA. This is a rare opportunity for an investor to own an excellent, well-maintained six-unit multifamily property in one of Marin County’s strongest rental markets. This investment offers a great unit-mix, location and significant upside potential. 55 Roque Moraes Court is located in the Enchanted Knolls area of Mill Valley and is a short walk to the new Whole Foods and the other amenities of the Alto Shopping Center. The property consists of one, two-story building situated quiet cul-de-sac. There are four large two-bedroom/one-bath units and two large one-bedroom/one-bath units. Each unit is separately metered for P.G.E. and each unit has a furnace in the unit for central heat. The property has been properly maintained, with update dated buildings mechanicals and a new roof. In addition, the windows have been replaced throughout the property, all combining to lower ongoing maintenance for the property. The subject property is located on a 9,614-square foot lot, with six covered parking spaces, with the option to tandem park an additional six cars off-street. There is a laundry room, and each unit has one storage closets. Several of the units have been completely remodeled over the past two years, while all units and common areas are in excellent condition. Mill Valley provides a wonderful small-town environment, which is extremely family friendly, has great weather year-round, a fantastic selection of public and private schools, many outdoor activities to choose from, great restaurants, is close to a major urban center with a diverse economy and broad selection of corporate and non-corporate jobs. The downtown location offers the most sought-after retail and office space within Marin County. Multi-family investment opportunities of this size, location and quality are rarely offered in Southern Marin. As such, this property offers investors a compelling in-vestment opportunity in the desirable Mill Valley market.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $2,600 700
2+1 4 $2,210 792

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-191-17
Land Assessment
$1,286,092
Improvements Assessment
$933,026
Total Assessment
$2,219,118
  • Listing ID: 12672989

  • Date on Market: 5/25/2018

  • Last Updated:

  • Address: 25 Roque Moraes Ct, Mill Valley, CA 94941

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