Commercial Real Estate /CA /Marin County /San Rafael /105 Canal St

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Commercial Real Estate /CA /Marin County /San Rafael /105 Canal St

105 Canal St - Apartments FOR SALE

San Rafael, CA 94901 |

Off Market

1/9

105 Canal St
San Rafael, CA 94901

HIGHLIGHTS

Value-Add Opportunity
Opportunity Zone Location
Unit Rents On Average 58% Below Market
Year 2 Income With Allowed Increases at 5.53% CAP
83% (10/12) of Leases Qualify for Rent Increase in December 2023
Proforma Cap Rate 7.92% / GRM 8.70

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Canal Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

9400

STORIES

3

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

017-262-23