Description
Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.
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0BEDS
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0.39ACRES
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0BATHS
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01/2 BATHS
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11,019SQFT
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$381$/SQFT
School Ratings & Info
Description
Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.
© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Wakefield | Coldwell Banker. Data last updated: 2023-01-27T08:58:10.85.