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Listed by John W Garrett • Marcus & Millichap Real Estate Investment Services, Inc.
$ 7,850,000
Est. payment | /mo
2,200 Beds
2 Baths
23,688 SqFt
$ 7,850,000
Est. payment | /mo
2,200 Beds
2 Baths
23,688 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 23,688 sqft
Price per Sqft $331
MLS Listing ID 325057967
Bedrooms 2200
HOA Y/N No
Lot Size 0.895 Acres
Property Sub-Type 5 or More Units
Property Description
Pacific Townhomes is a turnkey, fully occupied 26-unit apartment community in one of Santa Rosa's most charming residential neighborhoods. Surrounded by vintage single-family homes, the property benefits from a peaceful, tree-lined setting and an unbeatable central location just minutes from downtown Santa Rosa. Residents enjoy close proximity to Santa Rosa Junior College, Santa Rosa High School, neighborhood parks, local retail, dining options, and a nearby Safeway-anchored shopping center. The property features a landscaped central courtyard, complete with lawn and a swimming pool. There are 25 spacious 2-bedroom, 1.5-bath townhomes and one studio unit. 22 of the 26 units have been partially or fully renovated, featuring quartz countertops, modern shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, stylish lighting, dual-pane windows/sliders, upgraded electrical panels, and in-unit laundry in many homes. Pacific Townhomes is a cash flowing asset with high demand upgrades and strong location appeal that offers further upside through completion of the renovation program across all the townhomes.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Interior
Heating Baseboard
Cooling Ceiling Fan(s)
Exterior
Parking Features Covered, Off Street
Garage Spaces 27.0
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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