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1085 - 1087 Craig Avenue, Sonoma, CA

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1085 - 1087 Craig Avenue

Sonoma, CA 95476-4033 - Sonoma MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:1973
Stories:1 Building Size:6,540 SF Land Area:2.21 AC (96,268 SF)
For Sale Price:$4,395,000 Price/Unit:$549,375.00 Cap Rate:3.80 % GRM:-

Parking:2.38 Parking Spaces / 1,000 SF

Composition Open(Tandem) Covered(Tandem) Total Condition
Asphault: 4(0) 0(0) 4 Fair
Concrete: 3(0) 0(0) 3 Fair
Gravel/Dirt: 12(0) 0(0) 12 Fair

Property Description: Multi Family - 8 Units

Apartment Unit: Shop/Barn

Sale Notes:
* Live well in a custom home and enjoy excellent income from rental units.
* Beautiful Sonoma Valley 2.21 acres; two adjoining parcels each with separate sewer, utilities & wells.
* Country location with views of vineyards & mountains. Gardens with mature trees.
* Private and secluded ; gated entry and only minutes to the Sonoma's historic plaza.
* Beautiful new custom home plus 7 residential income units - all updated in very good condition. Good seclusion for the custom home.

Parcel One:
* Three (3) duplexes provide six (6) updated 2 bedroom/1 bath rental units.
* 2,000 sf (+/-) original main house with gathering hall/studio.
* 600 sf new barn, grounds, pond and gardens.

Parcel Two:
* One new custom home of 2,500 sf (+/-) with two master suites, large veranda, tile & stucco construction and mountain views.
* Approval for additional 850 sf guest house.

Possible Uses:
* Multi-unit investment income
* Intentional living community
* EcoVillage
* Art colony
* Spiritual community
* TIC or Family Compound

This is a unique property offering for Qualified Buyers only. Seller requests Buyers provide financial qualifications.

Mason McDuffie Commercial Real Estate
Gerrett Snedaker
(707) 939-2009

Michael Crain Properties
Michael Crain
(707) 815-6290

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