

Listed by Coldwell Banker Commercial NRT San Francisco
$15,100,000
Park Meadows Apts - 61 Unit 8 Building Multifamily Property
Details
APN 158-310-059
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 44,808
Units 61
Cap Rate 6.00%
NOI $899,881
Tenancy Multi
Year Built 1985
Buildings 8
Stories 2
Lot Size (SqFt) 93,218
Zoning CITYRP
Parking Spaces spaces
7425 Camino Colegio Rohnert Park, CA 94928
Marketing description
7425 Camino Colegio is a beautifully maintained 61 unit multi family property in Rohnert Park California. This multifamily asset represents a mid-scale investment opportunity perfectly positioned for long-term growth near Sonoma State University. The property features a diverse and highly marketable unit mix consisting of 2 three bedroom/one and a half bath apartments, 15 two bedroom/one and a half bath apartments, 32 two bedroom/one bath apartments, and 12 one bedroom/one bath apartments. The units have been updated to varying degrees. Most units are equipped with dishwashers, formica or quartz countertops, and private outdoor spaces including decks, balconies, or patios. Investor value is significantly enhanced by recent capital improvements to the south side buildings, which boast brand-new siding, decks, sliding glass doors, and fresh exterior paint. Situated on a sprawling lot with lush, irrigated landscaping, the complex offers 122 off-street parking spaces, including 28 carports, 34 awning-covered spots, and 60 uncovered surface spaces. There are 8 total buildings serviced by two card-operated laundry facilities. With individual water heaters, forced-air heat, and units separately metered for gas and electricity, the property's efficient utility structure and modernized exterior make it a standout acquisition in an excellent Rohnert Park location.
Investment highlights
- • Excellent Rohnert Park Location • 61 Units Total • 2 Three Bed/One 1/2 Bath Apartments • 15 Two Bed/One 1/2 Bath Apartments • 32 Two Bed/One Bath Apartments • 12 One Bed/One Bath Apartments • 122 Off Street Parking • 28 Carports, 34 Awning + 60 Surface Spaces • Dishwashers • Decks, Balconies & Patios • 2 On Site Laundry Rooms • 6 Washers/6 Dryers (Leased w/ Card Pay) • New Siding & Decks on South Side Buildings • New Sliding Glass Doors on South Side Buildings • New Exterior Paint on South Side Buildings • Lush Landscaping with Sprinkler System • Huge Lot • Forced Air Heat • Separately Metered for Gas & Electricity • Individual Water Heaters • 2x 400 AMP Electrical • Close Proximity to Sonoma State University & Hwy 101
Listing Contacts


Listed by Coldwell Banker Commercial NRT San Francisco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$899,881.00
$74,990.08/mo
Valuation Metrics
0
DSCR
5.96%
Cap Rate
5.96%
ROI
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