Property profile & analytics
3076 Marlow Rd Santa Rosa, CA 95403-6939
- Apartment buildings
- 85,920 SF
- 5.69 lot acres
OFF-MARKET
Last Sale
Mar 04, 2021
Mar 04, 2021
$27,000,000
Value Estimations
$25,680,000
Show details
Cap Rate Potential
3.6%
Apartment buildings
Location Intelligence
Property ID
US09-0468436
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Adams Heating and Cooling / Hardware & Home Improvement / HVAC Service
- Marlow Apartments / Apartment Building / Apartment Complex
- FIRE Digital Media / Advertising Agency / Marketing & Advertising
- Central Cab / Courier Service
Property Details for 3076 Marlow Rd
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 5.69 lot acres
- Property size
- 85,920 SF
- Property type
- Apartment buildings
- APN
- 036-021-040-000
- APU
- 36021040000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $25,015,000
- 6.5%
- $23,090,000
- 7%
- $21,440,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $38,225,000 Current use
- MEDICAL BUILDING
- $31,570,000 Change: -17% Conversion: Moderate
- OFFICE BUILDING
- $30,720,000 Change: -20% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.75
- Latitude
- 38.465
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$327,858
$4,244,832
$24,380,921
$28,625,753
-
$0.00
$0.00
$0.00
