Tuesday, December 16, 2008

Just Closed- 7020 Redwood Blvd. Novato


7020 Redwood Blvd in Novato a 17 unit apartment building closed for $1,900,000. It was listed for $2,000,000 and was on the market for 100 days. The projected GRM (Gross Rent Multiplyer) was 10.09 and the Cap Rate was 5.57%. Call me for more detailed information. 415.925.3272.

As always, If you are looking to sell or aquire investment or income property, please give me a call. I can provide you with a complimentary Property Market Annalysis or list of current properties available.

No comments: