$2,650,000 Calculate Payment
862 West Avenue Santa Rosa, CA 95407
0.55 Acre Lot
Time on Site
Days on Market
Priced significantly below replacement cost, this high upside 16-unit apartment complex is comprised of 12 one-bedroom units and 4 two-bedroom units. The asset is located in the Roseland area of southwest Santa Rosa. Each unit features a patio or deck and most units have new sliding doors. The upsta...irs units have beautiful open beam ceilings creating a spacious living environment. This apartment building features an on-site laundry room generating additional income, an office for the on-site manager, separate meters for PG&E and individual water heaters for each unit. The property has been consistently maintained under the current ownership. With one of the lowest price-per-door of any apartment building in Sonoma County over the last 5+ years, a new owner who updates the interiors and increases the rents to market will generate excellent cash flow from this unique investment opportunity. Continue reading
Price per Sq. Ft.
Detailed Room Information
Exterior / Lot Features
15 Parking Spaces. Off Street, Uncovered.
Composition, Tar Gravel, Shingle
Additional Exterior/Lot Features
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More