Description
RE/MAX Marketplace is proud to present an exceptional investment opportunity in Santa Rosa. This turn-key property boasts a 32-unit complex in the heart of one of the North Bay's strongest rental markets. With just over half of the units upgraded, this rare offering provides a unique value-add opportunity to elevate the property to a premium complex. Located within walking distance to Coddingtown Mall, Whole Foods, and the new SMART Train Station, this complex is perfectly situated in a fantastic location. The property features a mix of two 3 bed/2 bath flats, eight 2 bed/2 bath flats, eight 1 bed/1 bath flats, eight 2 bed/1 bath flats, and six 2 bed/1.5 bath townhouses. All units offer large, attractive floor plans with balconies and/or patios, designed to cater to long-term tenants. The amenities include a common coin-operated laundry room and a centrally located community pool, perfect for residents to enjoy on hot summer days. The property also boasts beautiful low maintenance landscaping, providing a pleasant setting for all to enjoy. The property has been well-maintained, with many rents brought close to market rates, while several other units have great upside rent potential.
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5BEDS
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1.25ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
RE/MAX Marketplace is proud to present an exceptional investment opportunity in Santa Rosa. This turn-key property boasts a 32-unit complex in the heart of one of the North Bay's strongest rental markets. With just over half of the units upgraded, this rare offering provides a unique value-add opportunity to elevate the property to a premium complex. Located within walking distance to Coddingtown Mall, Whole Foods, and the new SMART Train Station, this complex is perfectly situated in a fantastic location. The property features a mix of two 3 bed/2 bath flats, eight 2 bed/2 bath flats, eight 1 bed/1 bath flats, eight 2 bed/1 bath flats, and six 2 bed/1.5 bath townhouses. All units offer large, attractive floor plans with balconies and/or patios, designed to cater to long-term tenants. The amenities include a common coin-operated laundry room and a centrally located community pool, perfect for residents to enjoy on hot summer days. The property also boasts beautiful low maintenance landscaping, providing a pleasant setting for all to enjoy. The property has been well-maintained, with many rents brought close to market rates, while several other units have great upside rent potential.
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