The Pinza Group, Inc. is pleased to present Ignacio Pines Apartments, an exceptionally well-maintained 39 unit multifamily property offering a prime location in Novato, CA. Comprised of two (2) three-story structures, the buildings feature an ideal unit mix of (33) 2bd/1bth, (3) 2bd/2bth, and (3) 1bd/1bth units. 195 Los Robles Road contains 35,346 SF of rentable space set on over an acre of land, boasting 78 off-street parking stalls, onsite coin-operated laundry, meticulously-maintained common areas, and an elevator for convenient tenant access. Current ownership has invested in substantial capital improvements, including: recently-replaced roof(s), upgraded plumbing fixtures, a well-maintained community pool, new storm drains, windows, and various unit renovations throughout.
195 Los Robles Road will be delivered 100% occupied by stable tenants paying close to market rate, allowing future ownership to take advantage of tenant turnover, annual adjustments, and utility passthroughs in order to maximize return on investment. Additionally, prospective investors have the option to take advantage of an assumable loan option with excellent terms. Ignacio Pines offers a prime location to residents, with close proximity to restaurants, retail shopping outlets, commute options such as U.S. Route 101, and just a short drive to San Pablo Bay.