1355 Sir Francis Drake Blvd - Apartments FOR SALE


San Anselmo, CA 94960
$12,000,000 USD
415-505-7674
1355 Sir Francis Drake Blvd, San Anselmo, CA for Sale
$12,000,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1355 Sir Francis Drake Blvd
San Anselmo, CA 94960


HIGHLIGHTS

  • Prime San Anselmo Location
  • Walking Distance to 2 Downtown Areas
  • Walking Distance to Multiple Shopping Centers
  • Walking Distance to Top Rated Schools
  • Very Attractive Garden Style Units.
  • Very Spacious Units.

OVERVIEW

A rare opportunity to own 28 units in an A+ San Anselmo location. Just five blocks from The Fairfax Plaza shopping Center with the beloved Good Earth Market, Fairfax Brewing Company, Fitlab, coffee, and shops PLUS just two more blocks to downtown Fairfax. Also just 6 blocks to Redhill shopping center with restaurants, shops, Pete’s coffee, CVS, Safeway, and more. A 5 minute drive to Downtown San Anselmo. Practically engulfed by hiking and biking trails and just moments away from numerous top rated public schools, it is easy to understand and make the most out of the proven appeal to tenants. Composed of a variety of unit styles including multiple townhouse style units, spacious apartment style units, duplex style units, and more. Most units include their own washer and dryer and excellent floor plans. Set on over an Acre of land, with 54,000 SqFt lot, the property includes 2 separate parcels and 8 separate buildings, a seven plex, 2 five-plexes, 2 three-plexes, 2 duplexes, a stand alone unit. Perfect for investors who want to realize the up-side of under market rents. One of the lowest prices per door in Marin County and some of the largest units in the rental market, the next owner will have an easy path towards realizing the excellent cashflow ahead.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

28

PRICE/UNIT

$428,571

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Paseo

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

R-3

APN/PARCEL ID

005-195-02,005-195-03

ASK ABOUT THIS PROPERTY

Nick SvensonCompassMore Info
415-505-7674

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Nick SvensonCompassMore Info
415-505-7674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.