Description
Pacific Townhomes is a multifamily community located in the city of Santa Rosa in Sonoma County that consists of 26 apartment units among four buildings on a large street-to-street parcel. The property has a highly desirable unit type and mix, consisting of (25) large two-bedroom/one and half bath townhome units and (1) studio. 17 of the 25 units have been fully renovated and include in-unit laundry which has proven to be a very sought after amenity for today's tenants, commanding strong rents, low turn-over and quick lease up. Additionally many capital improvements have been made to the building including but not limited to new roofs, updated double pane windows, landscaping, and exterior paint. In total, 21 or 81% of the units, have been renovated while still leaving upside and value-add for future owners through further unit renovations. This is the one to add in your long-term portfolio.
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25BEDS
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0.9ACRES
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1BATHS
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01/2 BATHS
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25,500SQFT
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$373$/SQFT
School Ratings & Info
Description
Pacific Townhomes is a multifamily community located in the city of Santa Rosa in Sonoma County that consists of 26 apartment units among four buildings on a large street-to-street parcel. The property has a highly desirable unit type and mix, consisting of (25) large two-bedroom/one and half bath townhome units and (1) studio. 17 of the 25 units have been fully renovated and include in-unit laundry which has proven to be a very sought after amenity for today's tenants, commanding strong rents, low turn-over and quick lease up. Additionally many capital improvements have been made to the building including but not limited to new roofs, updated double pane windows, landscaping, and exterior paint. In total, 21 or 81% of the units, have been renovated while still leaving upside and value-add for future owners through further unit renovations. This is the one to add in your long-term portfolio.
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