16-Unit Townhome Apartment
New
For Sale
$3,650,000
1112 Orchard St, Santa Rosa, CA 95404
All residences have two bedrooms, 1.5 baths, private storage, and gas wall heat.
Property Size13,392 SF
Days on Market2
Property Features for 1112 Orchard St
General Information
Standard status
Active
Size
13,392 SF
Total Parking Spaces
24
Property subtype
Multifamily
Occupancy
97%
Units
Unit Mix
16 x 2BR/1.5BA
Multifamily Units
16
Additional Details
Cap Rate
5.88%
Amenities
common coin-operated laundry
Desirable Santa Rosa Location: Approximately 0.7 mile from downtown in the established and highly convenient Junior College neighborhood.
Strong Unit Mix: Sixteen spacious two-bedroom, 1.5-bath townhomes with private storage and no variation in floorplan type.
Immediate Rent Growth Opportunity: Existing rents provide potential for allowable annual increases during the first 12 months of ownership.
Additional Renovation Upside: Four original-condition units offer a clear path to increased rents through targeted interior improvements.
Attractive Parking Ratio: Sixteen covered carport spaces plus eight uncovered spaces provide 1.5 parking spaces per unit.
Value-Add Investment Profile: Existing cash flow combined with rent growth, renovations, and future capital improvements creates multiple avenues for increased income.
Building Details
Building Size
13,392 SF
Units
16
Listing Agency:
Marcus & Millichap - San Francisco
Listed By:
John Garrett · License #License(s): CA: 01421403
(415) 625-2131
Source:
Marcusmillichap
Added: Oct 16
Last Checked: Oct 16 at 2:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Francisco
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Investment Insights
Based on property information with market context.
This 16-unit apartment property in Santa Rosa is composed entirely of two-bedroom, 1.5-bath townhomes. Each residence has a storage closet and gas wall heating. Parking includes 16 covered carport spaces and eight uncovered spaces, and residents share coin-operated laundry with leased equipment. A central water heater serves the property. Electrical subpanels have been updated; the main panels are Zinsco. Four units remain in original condition, while improvements have been made to other residences.
At 1112 Orchard St, the property is about 0.7 mile north of downtown and near Santa Rosa Junior College, Santa Rosa High School, parks, shops, and restaurants. Mature trees and landscaping line the street-facing grounds. Residents pay gas and electric costs; ownership covers water, sewer, garbage, and hot water.
At 1112 Orchard St, the property is about 0.7 mile north of downtown and near Santa Rosa Junior College, Santa Rosa High School, parks, shops, and restaurants. Mature trees and landscaping line the street-facing grounds. Residents pay gas and electric costs; ownership covers water, sewer, garbage, and hot water.
Key Highlights
- 16 townhome units, each with two bedrooms and 1.5 baths
- 16 covered carport spaces plus eight uncovered parking spaces
- Four residences remain in original condition; improvements have been completed in other units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,922
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,678,440
$4.7M
Cap Rate 7%
$3,341,743
$3.3M
Cap Rate 9%
$2,599,133
$2.6M
Market Conditions
NOI Build-Up for 13,392 SF
Gross rent
$446.8K $33.36/SF
− Vacancy
−$21.4K −$1.60/SF
EGI
$425.3K $31.76/SF
− OpEx
−$191.4K −$14.29/SF
NOI
$233.9K $17.47/SF
Area
Santa Rosa, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,678,440
Cap Rate 7%
$3,341,743
Cap Rate 9%
$2,599,133
Alternative Uses
Best Use
Apartment 5plus
$3.34M
$2.92M – $3.90M
NOI $233,922 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.72M
$3.26M – $4.34M
NOI $260,449 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,841
Businesses Nearby
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Business Placement
Demographics for 95404, CA
38,034
Population
16,850
Households
2.3
Avg Household Size
43
Median Age
45%
College-Educated
90%
High-School Grad
75.4 sq mi
ZIP Area
504
Density / Sq Mi
$102,802
Median Household Income
$57,388
Median Earnings
$1,890
Median Rent
$865,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences have two bedrooms, 1.5 baths, private storage, and gas wall heat.
Where is this apartment building located?
The property is located at 1112 Orchard St Santa Rosa, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 16 townhome units, each with two bedrooms and 1.5 baths; 16 covered carport spaces plus eight uncovered parking spaces; Four residences remain in original condition; improvements have been completed in other units
