MLS#ML82046798
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
CBRE, Inc.
Agency Phone: 4084537400
Associate Name: Adam Foley
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
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.
Property Features
Property Type: Commercial - Business
Heating: Wall Furnace
Lot Size: 2.80 Acres
Roof Type: Flat
Taxes: $124,251
Year Built: 1985
Feature Descriptions
Days on Site: 11
Parcel#: 152080060000
Water: Public
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: CBRE, Inc.
Agent Name: Adam Foley
Agency Phone: 4084537400
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
725 W College Avenue | MLS# ML82046798
This commercial property located at 725 W College Avenue, Santa Rosa, CA 95401 is currently listed for sale with an asking price of $11,800,000. W College Avenue is located within the Other school district. Search Santa Rosa real estate on www.farrellsmyth.com today.