33 Clay Court is a quality fourplex located in the attractive Pacheco Villas apartment community in Novato. The community is surrounded by the Pacheco Valle Preserve, a beautiful, undeveloped 519-acre refuge. This is the southernmost location in Novato, Marin County’s largest city by geography.
Pacheco Villas is a quiet, low-density development with scenic grounds and each building is comprised of large apartments offering a home-like alternative for tenants seeking a peaceful, family-friendly community. There is easy access to Hwy 101, with employment, schools, and shopping just a short drive away.
Priced at a starting GRM of 11.6 and a Cap Rate of 5.56% with the potential to reach a 5.80% Cap Rate at demonstrated market rents, this investment opportunity provides immediate cashflow with upside - a rare find in Marin County.