Just Sold!
Renovated Mill Valley 6 units with Mt. Tam Views!
Sold for $2,900,000 – Represented Buyer
The two story wood frame building, built in 1960, features spacious two bedroom apartments with hardwood floors, renovated kitchens with modern grey cabinets, marble look granite counters and high end stainless steel appliances. All units have great light, access to either a patio or deck and covered parking. Near Mill Valley bike path and Whole Foods!
Property was offered at $3,200,000 and sold in 45 days for $2,900,000 at $483,000 per unit. Cap rate was 4.5% on current rents.
Corte Madera 11 Units
Offered at $4,000,000 or 5% CAP
Built in 1960, this two story 11 unit property includes 3 two bedroom units and 8 one bedroom, one bath units. Situated just off Tamalpais Avenue in Corte Madera, residents are close to two major shopping centers, great restaurants, the Bay Club and easy freeway access. Call for the current rent roll and financials. Offers due on Wednesday, Oct. 16 and last tour is Monday, Oct. 11.
Greenbrae Luxury 9 Units
with a pool and covered parking!
Offered at $5,400,000
Rarely available quality apartment property in Greenbrae with 6 two story 2 bedroom, 2.5 bath townhomes and 3 additional two bedroom, two bath units. Two buildings surround an inviting private pool for residents’ enjoyment. Many interior upgrades during current ownership.
For rent role and financials on the property contact me at 415-302-7730 or email me at katherine@khiggins.com
Don’t see what you are looking for? Give me a call and let’s talk!