Property listed by CBRE, Inc., Adam Foley 408-453-7400
247 D
San Rafael, CA 94901
Square Ft.
13,040
$6,110,000
Del Mesa Apartments (The Property) is a Pride of Ownership 18-unit Multifamily investment opportunity in Gerstle Park neighborhood, widely considered the A+ area of San Rafael. The Property features a well-maintained unit mix of twelve (12) one-bedroom, one-bathroom units and six (6) two-bedroom, one-bathroom units across a single three-story building… Read More set on a .042 acre parcel. Ownership has completed meaningful renovations over the last decade with remaining upside through continued in-unit upgrades and rent growth to market across the balance of the units. Del Mesa Apartments is situated in Gerstle Park, one of San Rafaels most coveted residential enclaves. The neighborhood is characterized by mature tree canopy, well-maintained streetscapes, and a quiet, upscale character that distinguishes it from more commercially active San Rafael corridors. Gerstle Park consistently ranks among he citys most desirable and safest neighborhoods, attracting long-term, quality tenants. Read Less
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
13,040
Lot Size
0.04 Acres
Year Built
1965
MLS Number
ML82051074
Additional Details
Building
Built in 1965, 1 building
Cooling
WallWindowUnits
Expenses
Insurance: $13,500, Maintenance: $5,480, Other Expense: $3,600
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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