1855-1875 Petaluma Hill Road

1855-1875 Petaluma Hill Road Santa Rosa, California 95404 United States

Excellent opportunity to acquire a 39-unit apartment complex on over two acres of land that will cash flow on day one and includes the potential to add additional units. Highlighted by a unit mix of one (1) 3-bedroom, 2-bath single family home, one (1) 3-bedroom cottage, four (4) 2-bedroom units, thirteen (13) 1-bedroom units and twenty (20) studio units, the subject property sits on multiple parcels in southern Santa Rosa, CA. Most of the units are individual cottages with no shared walls, which makes the apartments highly desirable in comparison to other traditional apartment complex layouts. The subject property features an on-site laundry room with attached workshop and office, three extra storage buildings, on-site parking and a substantial portion of the utilities are billed back to the tenants. The property is located minutes away from Santa Rosa Marketplace Shopping Center, which includes Costco, Target, Best Buy, Marshalls, Sports Basement, Starbucks, Trader Joe's and many other shops and restaurants. Located just 1.5 miles south of Downtown Santa Rosa, the apartment complex is well located near public transportation, numerous entertainment options and various city amenities.

Listing provided by Steven Level at Berkshire Hathaway

This Listing is for Sale .The listing status is Active located within Sonoma County

Any offer of compensation is made exclusively to Broker Participants of the MLS where the listing is filed.