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Multifamily

Hampton Court

135 Redwood Ave, Corte Madera, CA 94925

Listing Price: $3,000,000

Cap Rate
3.46%
Number of Units
8
GRM
15.54
Occupancy
97.0%
Price/Unit
$375,000
Price/Gross SF
$538.79
Gross SF
5,568

Investment Overview

Hampton Court is a boutique 8-unit multifamily property in the highly desirable town of Corte Madera. Located just one block north of Tamalpais Drive and two blocks from Corte Madera Town Park, this pedestrian-friendly community offers an unbeatable blend of suburban tranquility and urban convenience. Residents enjoy easy access to local dining and retail within 1-3 blocks, while major shopping destinations, including high-end retailers and grocery stores, are less than a mile away.

The property consists of two single-story buildings, each featuring four units with classic period details, including oak hardwood floors and vintage two-tone tile kitchen countertops and shower surrounds. The unit mix includes two 2-Bed/1-Bath units and six 1-Bed/1-Bath units. Rear alley access leads to covered parking for eight cars, enhancing convenience for tenants.

With scheduled rents approximately 26% below market, Hampton Court presents an exceptional value-add opportunity. Seven of the eight units are occupied by long-term tenants paying below-market rents, offering significant income growth potential upon turnover. Situated in one of the wealthiest counties in the U.S., this investment opportunity provides immediate cash flow with substantial appreciation upside in a high-demand rental market.

Investment Highlights

  • Prime Corte Madera Location – Just steps from shopping, dining, and Corte Madera Town Park, with major retail centers less than a mile away.
  • Charming, Boutique Property – Single-story buildings with a central courtyard, featuring period details like oak hardwood floors and vintage tile finishes.
  • Significant Value-Add Potential – Scheduled rents are approximately 26% below market, with seven long-term tenants offering upside upon turnover.
  • Convenient Tenant Amenities – Pedestrian-friendly setting with rear alley access to covered parking for eight cars.

Exclusively Listed By

Multifamily

Hampton Court

Listing Price: $3,000,000

Cap Rate
3.46%
Number of Units
8
GRM
15.54
Occupancy
97.0%
Price/Unit
$375,000
Price/Gross SF
$538.79
Gross SF
5,568

Investment Highlights

  • Prime Corte Madera Location – Just steps from shopping, dining, and Corte Madera Town Park, with major retail centers less than a mile away.
  • Charming, Boutique Property – Single-story buildings with a central courtyard, featuring period details like oak hardwood floors and vintage tile finishes.
  • Significant Value-Add Potential – Scheduled rents are approximately 26% below market, with seven long-term tenants offering upside upon turnover.
  • Convenient Tenant Amenities – Pedestrian-friendly setting with rear alley access to covered parking for eight cars.

Investment Overview

Hampton Court is a boutique 8-unit multifamily property in the highly desirable town of Corte Madera. Located just one block north of Tamalpais Drive and two blocks from Corte Madera Town Park, this pedestrian-friendly community offers an unbeatable blend of suburban tranquility and urban convenience. Residents enjoy easy access to local dining and retail within 1-3 blocks, while major shopping destinations, including high-end retailers and grocery stores, are less than a mile away. The property consists of two single-story buildings, each featuring four units with classic period details, including oak hardwood floors and vintage two-tone tile kitchen countertops and shower surrounds. The unit mix includes two 2-Bed/1-Bath units and six 1-Bed/1-Bath units. Rear alley access leads to covered parking for eight cars, enhancing convenience for tenants. With scheduled rents approximately 26% below market, Hampton Court presents an exceptional value-add opportunity. Seven of the eight units are occupied by long-term tenants paying below-market rents, offering significant income growth potential upon turnover. Situated in one of the wealthiest counties in the U.S., this investment opportunity provides immediate cash flow with substantial appreciation upside in a high-demand rental market.

Exclusively Listed By

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