Levin Johnston Brokers $12.9M Sale of Apartment Community in San Mateo, California 390 224 Levin Johnston | Commercial Real Estate Advisors

Levin Johnston Brokers $12.9M Sale of Apartment Community in San Mateo, California

Levin Johnston of Marcus & Millichap has negotiated the sale of 600 Mariners Island, a multifamily property located in San Mateo. A private owner sold the asset to an undisclosed buyer for $12.9 million.

Originally constructed in 1976, 600 Mariners Island features 24 apartments in a mix of six two-bedroom/one-bath layouts and 18 one-bedroom/one-bath units. Community amenities include a swimming pool, children’s swimming pool, clubhouse, boat launch, private storage, modern fitness center, dog park and playground.

Continue reading…