255 Channing Way San Rafael, CA 94903
14-Unit Apartment Building, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Exceptional 14-unit apartment building in San Rafael, CA.
- 13,300 square feet, two-story building built in 1965, asking $6,000,000.
- 93% occupancy, $328,730 NOI, 5.5% cap rate (6.1% pro-forma).
- Recently remodeled units with new flooring, kitchens, and appliances.
- Separate PG&E meters and partial RUBS for cost efficiency.
Property Details for 255 Channing Way
- Property type
- Apartment buildings
- Square Feet
- 13,300 SF
- Year Built
- 1965
- Buildings
- 1
- Stories
- 2
- Units
- 14
Location Insight
- City
- San Rafael
- County
- Marin
- State
- California
- Latitude
- 38.0092735
- Longitude
- -122.535803
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 14-Unit Apartment Building, High ROI
- Where is the apartment building located?
- The property is located at 255 Channing Way San Rafael, CA.
- What is the asking price?
- The asking price for this property is $6,000,000.
- What are key features of this property?
- This property features: Exceptional 14-unit apartment building in San Rafael, CA.; 13,300 square feet, two-story building built in 1965, asking $6,000,000.; 93% occupancy, $328,730 NOI, 5.5% cap rate (6.1% pro-forma).
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