$ 11,800,000
-
$11,800,000
Price -
0
Bed -
0
Bath -
39,250
SqFt
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About the Listing ML6043498 - ML5108517
Cedarwood Apartments is a 35-unit, condo-mapped multifamily community on 2.80 acres in central Santa Rosa, offered for purchase individually or as a portfolio with North Street Apartments (1570 North Street, Santa Rosa) The property features a 3BR-heavy unit mix 25 three-bed/2.5-bath townhome-style units averaging 1,230 SF and 10 two-bed flats with individual furnaces, individual hot water heaters, attached garages, and a pool. In-place rents average $2,854, leaving 9% of mark-to-market upside ($253/unit) and an additional $268/unit achievable through interior renovations and exterior siding upgrades. The condo map provides flexible long-term exit optionality. 97% occupied and immediate proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
ML82046798
Year Built
1985
Total Square Footage
39,250
Lot/Acreage
2.8
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: CITYSR
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $124,251
- Taxes w/Assessments: N/A
- Tax/Property ID: 152080060000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
725 W College Ave Santa Rosa, CA 95401
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