Condo-Mapped Multifamily
725 W College Avenue Santa Rosa, CA 95401
725 W College Avenue, Santa Rosa, CA, 95401
$11,800,000
For Sale
$11,800,000
Cedarwood Apartments is a 35-unit multifamily property on 2.80 acres with townhome-style 3BR units and 2BR flats.
Property Size39,250 SF
Lot Size2.80 Acres
Price / SF$300.64
Days on Market33
Property Features for 725 W College Avenue
General Information
- Standard status
- Active
- Size
- 39,250 SF
- Lot size
- 2.80 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1985
Listing agency
CBRE, Inc.
(408) 893-8063
Listed by
Adam Foley · License #02144332
(408) 893-8063
Source
Exitrealty
Added: Jun 19 Updated: Jul 20 at 6:58PM Checked: Jul 21 at 5:19AM
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 CBRE, Inc.
Investment Insights
Based on property information with market context.
Cedarwood Apartments is a condo-mapped 35-unit multifamily community on 2.80 acres in Santa Rosa. The unit mix includes 25 three-bedroom, 2.5-bath townhome-style units and 10 two-bedroom flats. The flats feature individual furnaces and individual hot water heaters, and the property also offers attached garages and an on-site pool.
The community is listed for sale and can be purchased individually or as part of a portfolio with North Street Apartments (1570 North Street, Santa Rosa). Cedarwood Apartments is reported as 97% occupied and is described as being in close proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
The community is listed for sale and can be purchased individually or as part of a portfolio with North Street Apartments (1570 North Street, Santa Rosa). Cedarwood Apartments is reported as 97% occupied and is described as being in close proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
Key Highlights
- 35‑unit condo‑mapped multifamily community on 2.80 acres in central Santa Rosa; built in 1985
- Unit mix includes 25 three‑bed/2.5‑bath townhome‑style units averaging 1,230 SF plus 10 two‑bed flats
- Two‑bed flats have individual furnaces and individual hot water heaters, plus attached garages
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.31M | $33.36 |
| − Vacancy | −$62.9k | −$1.60 |
| EGI | $1.25M | $31.76 |
| − OpEx | −$560.9k | −$14.29 |
| NOI | $685.6k | $17.47 |
39,250 SF · lease $33.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$9.79M
$8.57M – $11.43M
NOI $685,591 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.90M
$9.54M – $12.72M
NOI $763,338 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Cedarwood Apartments is a 35-unit multifamily property on 2.80 acres with townhome-style 3BR units and 2BR flats.
Where is this apartment building located?
The property is located at 725 W College Avenue Santa Rosa, CA.
What is the asking price?
The asking price for this property is $11,800,000.
What are key features of this property?
This property features: 35‑unit condo‑mapped multifamily community on 2.80 acres in central Santa Rosa; built in 1985; Unit mix includes 25 three‑bed/2.5‑bath townhome‑style units averaging 1,230 SF plus 10 two‑bed flats; Two‑bed flats have individual furnaces and individual hot water heaters, plus attached garages
