Overview
This exceptional 116-unit apartment community in Santa Rosa, California, presents a compelling investment opportunity. Situated on approximately 6.36 acres, the property boasts 85,920 square feet of living space, encompassing 53 two-bedroom/two-bathroom units, 62 one-bedroom/one-bathroom units, and one three-bedroom/two-bathroom unit. The meticulously maintained grounds feature beautiful landscaping, expansive lawns, and mature trees, creating a tranquil and desirable living environment. Unit amenities include air conditioning, balconies/patios, dishwashers, disposals, fireplaces, microwaves, refrigerators, and satellite/cable TV hookups. Community amenities are equally impressive, offering a fitness center, laundry facilities, a spa, a pet play area, and on-site management. The property benefits from secured entry, controlled access, and assigned parking (one covered and one uncovered space per unit). Recent upgrades include new appliances (stove, refrigerator, dishwasher, disposal) and light fixtures in the units. The property's location offers convenient access to freeways and nearby transportation, while maintaining a quiet, peaceful atmosphere. The asking price is $42,500,000, presenting significant upside potential in rental rates. This is a truly remarkable opportunity to acquire a well-maintained, high-occupancy apartment complex in a desirable Santa Rosa location. The property is located at 3076 Marlow Rd, Santa Rosa, CA 95403.
