James Manley 7076641400 x 307

Eagle Rock Apartments 1052 Redwood Hwy Frontage Rd 25 Unit Apartment Building $9,995,000 ($399,800/Unit) 4.29% Cap Rate Mill Valley, CA 94941

INVESTMENT HIGHLIGHTS

Two (2) Building, 25-Unit Apartment Complex
New Salt-Water Pool

Extensively Rehabilitated
Approximately 6 Miles to Golden Gate Bridge

EXECUTIVE SUMMARY

Keegan & Coppin Co., Inc. is proud to offer this southern Marin County multi-family investment opportunity located just minutes from the best parts of the region. Eagle Rock Apartments was acquired in 2022 and has been in a constant state of rehabilitation since. It is located along the frontage road for Redwood Hwy and is walking distance to public transportation and the high-end Strawberry Village retail center.

Flyer

PROPERTY FACTS

Price	$9,995,000	Apartment Style	Low-Rise
Price Per Unit	$399,800	Building Class	C
Sale Type	Investment	Lot Size	0.33 AC
Cap Rate	4.29%	Building Size	9,905 SF
Gross Rent Multiplier	16.03	Average Occupancy	84%
No. Units	25	No. Stories	2
Property Type	Multifamily	Year Built	1960
Property Subtype	Apartment	Parking Ratio	2.52/1,000 SF
Zoning	RMPC-7 - RMPC-7, Residential Commercial Planned (Unincorporated Marin County)

Price	$9,995,000
Price Per Unit	$399,800
Sale Type	Investment
Cap Rate	4.29%
Gross Rent Multiplier	16.03
No. Units	25
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.33 AC
Building Size	9,905 SF
Average Occupancy	84%
No. Stories	2
Year Built	1960
Parking Ratio	2.52/1,000 SF
Zoning	RMPC-7 - RMPC-7, Residential Commercial Planned (Unincorporated Marin County)