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25 Roque Moraes Ct
Mill Valley, CA 94941
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 4,568 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| 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. 25 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 on a 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 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 investment 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
| Parcel Number | 030-191-17 | Improvements Assessment | $933,026 |
| Land Assessment | $1,286,092 | Total Assessment | $2,219,118 |
PROPERTY TAXES
