725 W College AVE, Santa Rosa, CA 95401
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Adam Foley • CBRE, Inc., DRE#02144332
$11,800,000
Est. payment /mo
5 Beds
3.5 Baths
39,250 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 39,250 sqft

Price per Sqft $300

MLS Listing ID ML82046798

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1985

Lot Size 2.800 Acres

Property Sub-Type Five or More Units

Property Description

Cedarwood Apartments is a 35-unit, condo-mapped multifamily community on 2.80 acres in central Santa Rosa, offered for purchase individually or as a portfolio with North Street Apartments (1570 North Street, Santa Rosa) The property features a 3BR-heavy unit mix 25 three-bed/2.5-bath townhome-style units averaging 1,230 SF and 10 two-bed flats with individual furnaces, individual hot water heaters, attached garages, and a pool. In-place rents average $2,854, leaving 9% of mark-to-market upside ($253/unit) and an additional $268/unit achievable through interior renovations and exterior siding upgrades. The condo map provides flexible long-term exit optionality. 97% occupied and immediate proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.

Location

State CA

County Sonoma

Area Santa Rosa-Northwest

Zoning CITYSR

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Attached Garage, Covered Parking

Garage Spaces 35.0

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 152-080-060-000

Security Features Other

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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725 W College AVE

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