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Multifamily

Tiburon Townhomes

1206 Mariner Way, Tiburon, CA 94920

Listing Price: $2,950,000

Cap Rate
3.68%
Number of Units
4
GRM
16.35
Occupancy
100.0%
Price/Unit
$737,500
Price/Gross SF
$723.04
Gross SF
4,080

Investment Overview

Marcus & Millichap is pleased to present 1206 Mariner Way, a rare four-unit multifamily opportunity in the heart of Tiburon, one of Marin County’s most sought-after communities. The property consists of four well-maintained 2-bedroom, 1.5-bathroom, two floor units, each offering comfortable layouts and access to premium neighborhood amenities. Just minutes from downtown Tiburon’s shops, restaurants, and ferry terminal, this investment benefits from strong tenant demand, high barriers to entry, and long-term growth potential in an extremely supply-constrained market. Perfect for both investors and 1031 exchange buyers seeking stability in a premier location.

Investment Highlights

  • • Rare Marin County Multifamily Asset: Four spacious 2-bed/1.5-bath two floor units in highly desirable Tiburon—an area with long-term appreciation potential.
  • • Prime Location Near Downtown Tiburon: Walkable to shops, restaurants, ferry access, and the waterfront
  • • Strong Demographic Profile: Located in one of the Bay Area's most affluent communities, with top-rated schools, low vacancy rates, and steady income-producing potential.

Exclusively Listed By

Multifamily

Tiburon Townhomes

Listing Price: $2,950,000

Cap Rate
3.68%
Number of Units
4
GRM
16.35
Occupancy
100.0%
Price/Unit
$737,500
Price/Gross SF
$723.04
Gross SF
4,080

Investment Highlights

  • • Rare Marin County Multifamily Asset: Four spacious 2-bed/1.5-bath two floor units in highly desirable Tiburon—an area with long-term appreciation potential.
  • • Prime Location Near Downtown Tiburon: Walkable to shops, restaurants, ferry access, and the waterfront
  • • Strong Demographic Profile: Located in one of the Bay Area's most affluent communities, with top-rated schools, low vacancy rates, and steady income-producing potential.

Investment Overview

Marcus & Millichap is pleased to present 1206 Mariner Way, a rare four-unit multifamily opportunity in the heart of Tiburon, one of Marin County’s most sought-after communities. The property consists of four well-maintained 2-bedroom, 1.5-bathroom, two floor units, each offering comfortable layouts and access to premium neighborhood amenities. Just minutes from downtown Tiburon’s shops, restaurants, and ferry terminal, this investment benefits from strong tenant demand, high barriers to entry, and long-term growth potential in an extremely supply-constrained market. Perfect for both investors and 1031 exchange buyers seeking stability in a premier location.

Exclusively Listed By

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