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515 B St
San Rafael, CA 94901
Brookside Apartments · Multifamily Property For Sale
·
10 Units
EXECUTIVE SUMMARY
CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 515 B Street, Brookside, ten 1 bed 1 baths units in Marin County. Marin County is beginning to follow San Francisco as a hub for startups and AI, creating a fresh investment landscape. The key advantage for capital is the chance to immediately benefit from Marin's growing pool of talent.
NDA required to be signed by all interested purchasers before marketing materials can be made available. Brookside Apartments is Property 3 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. Brookside Apartments is Property 3 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 | $327,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 4.74% | Building Size | 5,400 SF |
| No. Units | 10 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1976 |
| Apartment Style | Low-Rise |
| Price Per Unit | $327,500 |
| Sale Type | Investment |
| Cap Rate | 4.74% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.32 AC |
| Building Size | 5,400 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1976 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 528 |
PROPERTY TAXES
| Parcel Number | 012-157-23 | Improvements Assessment | $1,108,404 |
| Land Assessment | $1,831,631 | Total Assessment | $2,940,035 |
PROPERTY TAXES
Parcel Number
012-157-23
Land Assessment
$1,831,631
Improvements Assessment
$1,108,404
Total Assessment
$2,940,035
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