Oak Hill Apartment 216 Marin St Immeuble residentiel 35 lots À vendre San Rafael, CA 94901

Walker & Dunlop Investment Sales, LLC, as the exclusive advisor, is pleased to present the opportunity to acquire Oak Hill — a 35-unit apartment community located in the heart of San Rafael, California.
Originally developed in 1973, Oak Hill features a desirable unit mix of 11 spacious one-bedroom units and 24 two-bedroom units, many of which offer expansive living spaces and sweeping views of Marin County. Ideally positioned just a few blocks from Downtown San Rafael and only a 35-minute drive from San Francisco, the property offers an exceptional location that blends suburban charm with urban accessibility.
The four-story structure includes ground-level parking and three levels of residential units above. Oak Hill represents a compelling value-add opportunity, with multiple ways to increase near-term revenue through capturing existing loss-to-lease, continuing the implementation of RUBS, renovating interiors and exteriors, and exploring ADU potential.
Located in one of the Bay Area’s most supply-constrained, high-barrier-to-entry submarkets, Oak Hill is being offered at a substantial discount to replacement cost. This provides investors a rare chance to acquire a well-located asset with durable cash flow, long-term appreciation potential, and multiple exit strategies in a fundamentally strong market.