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    2010 Pioneer Way Santa Rosa, CA 95403

    For Sale
    Contact for pricing

    178-unit community, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 178-unit apartment community, situated on 8.6 acres in Santa Rosa, CA, presents a compelling investment opportunity. The property, located at 2010 Pioneer Way, boasts 100 one-bedroom/one-bathroom units and 78 two-bedroom/one-and-a-half-bathroom units. Recent improvements include a fresh coat of paint in a contemporary color scheme and newer roofing. The grounds are beautifully landscaped, featuring manicured lawns, mature trees, and flowering bushes. Residents enjoy a peaceful community setting with stunning vistas. Unit amenities include individual hot water heaters, all-electric appliances, full-length mirrored closet doors, fireplaces, and many units offer balconies or patios. Community amenities are extensive, encompassing a pool with a spa, a fitness center, assigned covered parking, and a pet play area. The property also benefits from on-site management and laundry facilities. Sidewalk concrete repairs have been completed. This well-maintained property offers significant upside potential in rental income. The asking price is $62,300,000. This is a rare opportunity to acquire a substantial, high-quality multifamily asset in a desirable California location.

    Property Features for 2010 Pioneer Way

    General Information

    Property type
    Multifamily properties

    HighLights

    • 8.6‑acre site with 178 units (100 one‑bedroom/one‑bath, 78 two‑bedroom/one‑and‑a‑half‑bath).
    • Recently replaced roofing and completed sidewalk repairs; extensive lawn areas.
    • Attractive landscaping, scenic views, and meticulously maintained grounds create a peaceful community atmosphere. Rental upside potential. On‑site management. Community amenities available.
    • Unit amenities include A/C, balcony/patio, dishwasher, disposal, fireplace, microwave, heating, vaulted ceilings, refrigerator, and satellite/cable readiness.
    • Community amenities include a fitness center, laundry facilities, on‑site management, a spa, and a pet play area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    2010 Pioneer Way ... Apartment Building Pioneer 2000 Apartments Apartment Complex Bay Area Home ... Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.7593126
    Latitude
    38.4679728

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    FAQs

    What type of property is this?
    Multifamily property - 178-unit community, prime location.
    Where is this multifamily property located?
    The property is located at 2010 Pioneer Way Santa Rosa, CA.
    What is the asking price?
    The asking price for this property is $62,300,000.
    What are key features of this property?
    This property features: 8.6-acre site with 178 units (100 one-bedroom/one-bath, 78 two-bedroom/one-and-a-half-bath).; Recently replaced roofing and completed sidewalk repairs; extensive lawn areas.; Attractive landscaping, scenic views, and meticulously maintained grounds create a peaceful community atmosphere. Rental upside potential. On-site management. Community amenities available.
    Request Owner's contact information
    2010 Pioneer Way Santa Rosa, CA 95403
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    Santa Rosa, CA 95403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2010 Pioneer Way Santa Rosa, CA 95403
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