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Listed by Adam Foley • CBRE, Inc.
$6,400,000
Est. payment /mo
3,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $1,606
MLS Listing ID ML82047120
HOA Y/N Yes
Year Built 1978
Lot Size 6,700 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Pacheco Villas, a 16-unit multifamily portfolio comprising four individual fourplex buildings on a wooded hillside in Novato, the northern gateway to Marin County. Built in 1978 of wood-frame construction, the Property offers spacious two-bedroom residences averaging 996 square feet, each with its own in-unit washer and dryer. The offering is structured for flexibility: the four fourplexes at 1, 17, 30 and 33 Clay Court may be acquired together as a portfolio or purchased individually. Direct US-101 access and a SMART rail station connect residents south to San Francisco and the broader Bay Area employment base, while stringent land-use controls and Marin's decades-long undersupply of new multifamily housing continue to constrain competing supply and support durable, long-term rent growth.
Location
State CA
County Marin
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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