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1001 Doubles Drive

Santa Rosa, CA 95407
  • $12,800,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 321102268
UPDATED: 33 min ago
$12,800,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 35,225
    SQFT
  • $363
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

Brand New 24-Unit Apartment Complex. Primarily Large 3BR & 2BR+Den/2.5BA Townhomes. 100% Market Rate Units; Rent Control Exempt. High Demand Large Square Footage Units (1,468 SF Avg.). 60 Total Parking Spaces (2.5 Spaces/Unit). 4.76% Projected Cap Rate. $363 Price/SF. The West End Townhomes feature very large family-oriented units designed to capitalize on the current trends and command the highest rents from quality tenants leaving the city confines in search of housing options with larger living areas. Comprised primarily of large 3-bedroom and 2-bedroom+den, 2.5-bath units with garages, washers and dryers, forced-air heating and cooling and modern fixtures and amenities, this complex will stand alone as a crown jewel for any investor looking for a stable, long-term and low-maintenance multi-family asset in a premium Bay Area location.

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Marketplace. Data last updated: 2021-11-27T15:57:19.57.
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1001 Doubles Drive Santa Rosa, CA 95407

  • Price: $12,800,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 33 min ago
  • ID#: 321102268
0
Beds
0
Baths
0
½ Baths
0.99
Acres
35,225
SQFT
$363
$/SQFT
2022
Built
Neighborhood:
Santa Rosa-Southwest
County:
Sonoma
Area:
Santa Rosa-Southwest
Property Description
Brand New 24-Unit Apartment Complex. Primarily Large 3BR & 2BR+Den/2.5BA Townhomes. 100% Market Rate Units; Rent Control Exempt. High Demand Large Square Footage Units (1,468 SF Avg.). 60 Total Parking Spaces (2.5 Spaces/Unit). 4.76% Projected Cap Rate. $363 Price/SF. The West End Townhomes feature very large family-oriented units designed to capitalize on the current trends and command the highest rents from quality tenants leaving the city confines in search of housing options with larger living areas. Comprised primarily of large 3-bedroom and 2-bedroom+den, 2.5-bath units with garages, washers and dryers, forced-air heating and cooling and modern fixtures and amenities, this complex will stand alone as a crown jewel for any investor looking for a stable, long-term and low-maintenance multi-family asset in a premium Bay Area location.
Exterior Features

Carport Spaces 6 Covered Spaces 0 Independent Parking Spaces 0 Lot Features Sidewalk Open Parking Spaces 36 Parking Features AttachedCoveredGarageOff StreetOpenStreetUncovered Parking Total 60 Roof Other Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 1 2 Bedroom Units Total 20 3 Bedroom Units Total 3 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling Central Heating Central Laundry Features In Each Unit Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 885640 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters ElectricityGasWater Sewer Public Sewer Subtype Description Apartments Water Source Public

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Steven Level of Berkshire Hathaway.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Marketplace. Data last updated: 2021-11-27T15:57:19.57.
 
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