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ResidentialIncome — 17 Clay Court, Novato, CA

$1,600,000

17 Clay Court, Novato, CA

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About this property

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

Property details

Square feet
4,308
Year built
1978
Property type
ResidentialIncome

Location

17 Clay Court • Novato, CA 94949

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Listed by

Adam Foley · CBRE, Inc.