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75 Woodland Ave
San Rafael, CA 94901
Woodland Apartments · Multifamily Property For Sale
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16 Units
Investment Highlights
- Starting Cap Rate of 5.48% Moving to 6% Cap Rate with 2024 Available Rent Increase
- Substantial Rental Upside - Current Rents Estimated to be 18% Below Market
- Very Stable Tenant Profile - 44% of Tenants in Residency for 5+ Years
- Less than One Mile to Downtown San Rafael
- Appears to be Well Maintained by Hands On Resident Manager with Strong Trade Skills
Property Facts
| No. Units | 16 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 9,468 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 9,468 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.69/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,182,672 | |
| Land Assessment | $1,285,200 | Total Assessment | $3,467,872 |
Property Taxes
Parcel Numbers
Land Assessment
$1,285,200
Improvements Assessment
$2,182,672
Total Assessment
$3,467,872
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