Properties

Address Map
US
CA
Novato
94945
94945
W123° 26' 10.7''
N38° 6' 47.1''
Contact Info
Steve Level
1112691
Property Description

Excellent investment opportunity to acquire a well-maintained 15-unit apartment complex located on a corner lot in Novato, CA. Highlighted by a unit mix of thirteen (13) 1-bedroom, 1-bath townhouse-style units and two (2) 2-bedroom, 1-bath townhouse-style units, the subject property consists of three buildings located on over a half-acre parcel in the coveted Marin County rental market. All units have updated interiors including flooring, paint, appliances and fixtures. A stucco skim coat and exterior paint was completed in 2021 and the water heaters were replaced in 2022. There are dual-pane windows throughout and each building has a pitched composite shingle roof. The apartment complex features separate storage units for each apartment, an on-site laundry room, abundant carport parking and separate meters for gas and electric. The property is located minutes away from Downtown Novato, which includes Whole Foods Market, Trader Joes, Rustic Bakery, Starbucks, and many other shops, restaurants and entertainment activities. Located just 25 miles north of San Francisco and less than 20 miles from the town of Sonoma, this apartment complex is surrounded by everything Northern California has to offer.

729 Cherry Street

Novato, California 94945, United States

  • Square Footage: 22,999.70 Sqft
$4,395,000
Listing ID#92718
QR Code
Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 92718
Ref ID : 400591256
Price : $4,395,000
Square Footage : 22,999.70 Sqft
Lot Area : 0.53 Sqft
MLS : 325023445
Office ID : CA326-067
Currency Converter
Agent info
Steve Level
Drysdale Properties
Drysdale Properties
Contact Agent