El Marinero Apartments 22 Marinero Cir Immeuble residentiel 23 lots 12 257 420 € (532 931 €/Lot) Taux de capitalisation 3,68 % Tiburon, CA 94920

Colliers is pleased to present El Marinero Apartments on 22 Marinero Circle, a rare multifamily investment opportunity located in the highly sought-after city of Tiburon, California. Constructed in 1971, this well-maintained asset offers a unique chance to acquire an apartment community in one of Marin County's most supply-constrained and desirable submarkets.
Situated on (4) contiguous parcels totaling 1.54 acres, the property comprises of (3) three ­story residential buildings totaling 23 units. El Marinero Apartments boasts lush, well­ maintained landscaping that enhances its curb appeal and provides a serene environment for residents. Each unit includes a private balcony, with the majority offering expansive views of the San Francisco Bay. On-site amenities include carport parking, additional storage, tennis court, on-site laundry facility, fireplace and a highly desirable location, further enhancing tenant convenience and lifestyle. Residents enjoy a short, 10-minute walk to Boardwalk Shopping Center, Tiburon's vibrant retail, dining, and arts district, as well as unparalleled access to the Tiburon Ferry Terminal-providing seamless connectivity to San Francisco's Financial District and Fisherman's Wharf.
With rents currently below market, paired with the potential to enhance performance through operational efficiencies, 22 Marinero Circle offers investors solid in-place cash flow from day one, along with a clear opportunity for future rent growth and long-term appreciation. The combination of strong market fundamentals, irreplaceable coastal location, and a dearth of future multifamily development makes the property a highly compelling investment opportunity in one of the Bay Area's most prestigious and supply ­constrained waterfront communities.