Hard Money Loans in Marin County: Beautiful Investment Returns in the Land of John Muir
Marin County is home to many of California’s most impressive gems, from Frank Lloyd Wright’s final architectural commission to the redwoods of none other than John Muir, original California naturalist. Take one look at the rugged natural beauty of the Marin Headlands or the Point Reyes National Seashore and it’s not hard to see how the area could be a hotspot real estate destination on the same level as Malibu or Santa Barbara—it just needs a creative entrepreneur to set their vision in motion. The area is already a hot market and continuing to grow, and with your residential rehab or luxury home development, you can help bring it to the next level and introduce new residents to beautiful Marin County.
The Magic of the Marin County Real Estate Market
Marin County has a reputation for rugged, natural California beauty, as well as for liberal political leanings and economic prosperity. Coupled with its geographic proximity to San Francisco, it’s easy to see Marin County’s potential as a great place for professionals and families looking for a more mellow pace of living outside the city limits, in a beautiful wooded landscape. Marin County also borders the famous Sonoma County wine country to the north.
The beauty and desirability of the Marin County market are reflected in the real estate prices. Looking at San Rafael as an example, we see that the average price per square foot was a very healthy $486 as of October 2015. That’s up 5.7% from 2014, but as more and more residents turn to Marin County for its proximity to the Bay Area tech sector and gorgeous redwood forests, you’re sure to see the market continue to appreciate in value. Median home sales for San Rafael in the same time period were $829,000, also increasing at a rate of 6.3% from the same period the previous year.[1.”San Rafael Real-Estate Market Overview.” Real Estate Overview for San Rafael, CA. Trulia.com. Accessed November 9, 2015.]
Join the Marin County Market with Socotra Capital’s Hard Money Loans
For investors looking to develop new residential or mixed-use commercial real estate in Marin County, Socotra Capital can provide the hard money loan you need to get started. This is a market with exciting potential, offering stunning natural landscapes with valuable proximity to San Francisco and Sonoma County. As real estate prices in the Bay Area continue to rise, expect to see Marin County become an increasingly popular residential destination. Don’t let this development opportunity pass you by—if you have the vision, we can provide you with the capital.
Socotra Capital is California’s premier hard money lender for your real estate investment needs. Contact us today to get started on your quick approval!