Central Court

  • Square Feet:Approximately 26,500 SF
  • Property Detail:12 unit building featuring multiple mixes.
  • Location: Southern Marin County

Built in 1964, the 26,471 square food parcel contains 9,325 rent-able square feet consisting of eight 1BR/1BA units and four 2BR/1BA units. Amenities include reserved parking, a large swimming pool, laundry facilities, and private dedicated storage units.

At the time of acquisition, the property’s rents were significantly under market. HP plans to renovate the property and lease up all units at market rates, after reviewing market trends, HP believes that post renovation rental rates will be approximately 76% higher than the rates at the time of acquisition.