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390-406 Woodland Ave
San Rafael, CA 94901
390 Woodland · Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 390 Woodland Ave, 8 units in San Rafael. Comprising of four (4) studios, and four (4) 1 bed 1 baths.
NDA required to be signed by all interested purchasers before marketing materials can be made available. 390 Woodland is Property 2 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. 390 Woodland is Property 2 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 | $291,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 4.46% | Building Size | 4,853 SF |
| No. Units | 8 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1947 |
| Apartment Style | Low-Rise | Parking Ratio | 0.86/1,000 SF |
| Zoning | N/Av, San Rafael | ||
| Price Per Unit | $291,875 |
| Sale Type | Investment |
| Cap Rate | 4.46% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,853 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | N/Av, San Rafael |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 481 |
| 1+1 | 4 | - | 598 |
PROPERTY TAXES
| Parcel Number | 013-061-28 | Improvements Assessment | $838,152 |
| Land Assessment | $1,461,500 | Total Assessment | $2,299,652 |
PROPERTY TAXES
Parcel Number
013-061-28
Land Assessment
$1,461,500
Improvements Assessment
$838,152
Total Assessment
$2,299,652
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