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Cedarwood Apartment Homes

35 Units - Santa Rosa

LISTED

$11,600,000

Investment Overview

A perennial money maker, Cedarwood Apartments, priced at $11,600,000, brings all the most desirable elements of a top-notch housing community together in a central Santa Rosa location. Combining a premium unit mix with amenities like garages, in-suite laundry, private patios, spacious grounds and pool on a thoughtfully designed 2.8 acre level site, Cedarwood offers something for both tenant and investor alike. These strong fundamentals paired with a compelling starting cap rate of 6.13%, and the rare opportunity for condo conversion with existing map, make Cedarwood Apartment Homes a uniquely attractive real estate investment.

Property Details

Price

$11,600,000

Units

35

Unit Mix

25 - 3x2.5TH, 10 - 2x1

Rentable SF

39,250

Floors

2

Year Built

1985

Property Location

275 West College Avenue, Santa Rosa, CA, USA

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