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Clay Ct Novato, CA 94949

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For Sale
$6,525,000

16-unit apartment building in Novato's Pacheco Villas.

Lot size:
0.17 Acres

Property Features for Clay Ct

General Information

Lot size
0.17 Acres

Building Details

Year built
1978

Source: Jefrey Henderson, Broker Agent Jefrey Henderson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Novato Multifamily Investment Opportunity

Located in Novato's Pacheco Villas, this property features 16 units. The unit mix includes three 2-bedroom, 1.5-bathroom units, twelve 2-bedroom, 1-bathroom units, and one 3-bedroom, 2-bathroom unit. The property has been lightly renovated with LVT flooring and countertops. This property offers investors the opportunity to access Marin County's affluent resident base and benefit from the area's large local employer base. The property presents an exceptional opportunity in one of California's top rental markets, with strong in-place cash flow and future upside.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Novato
County
Marin
State
California
Longitude
-122.5339658
Latitude
38.0497687

FAQs

What type of property is this?
Apartment building - 16-unit apartment building in Novato's Pacheco Villas.
Where is this apartment building located?
The property is located at Clay Ct Novato, CA.
What is the asking price?
The asking price for this property is $6,525,000.
What are key features of this property?
This property features: - 16-unit apartment building in Novato, Marin County.; - Strong in-place cash flow with future upside potential.; - Lightly renovated with LVT flooring and countertops.
More about this property
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