3751 Sebastopol Rd Ste 103a Santa Rosa, CA 95407-6693

This exceptional Class A multifamily investment opportunity presents a 121-unit apartment building situated on over 3.3 acres in Santa Rosa, California. The property boasts a current occupancy rate of 98% and a Net Operating Income (NOI) of $2,325,500, with a pro-forma NOI projected at $3,250,000, resulting in a pro-forma cap rate of 6.19%. The asking price is $52,500,000, translating to approximately $433,884 per unit. The complex comprises a mix of unit sizes, including 22 two-bedroom, two-bath units and 78 two-bedroom, one-bath or one-and-a-half-bath units, along with 21 commercial retail spaces. Residents enjoy modern amenities such as granite countertops, stainless steel appliances, in-unit laundry, and private balconies or patios. Community features include an elevator, fitness center, covered/assigned parking, on-site maintenance and management, and a renters insurance program. The property's prime location offers convenient access to downtown Santa Rosa shopping, Sebastopol's Barlow district, wineries, and Highway 101. Village Green Park is directly across the street. Individual units feature high-speed internet access, air conditioning, heating, ceiling fans, and smoke-free environments. This property represents a compelling investment opportunity in a thriving Sonoma County location. The property is comprised of 121 units across multiple APNs.