2010 Pioneer Way Santa Rosa, CA 95403

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.