1155 Evans Dr - Apartments FOR SALE


Santa Rosa, CA 95405- Outer Santa Rosa
$1,495,000 USD
415-254-8978
1155 Evans Dr, Santa Rosa, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/31
null | 4.87% Cap Rate

1155 Evans Dr
Santa Rosa, CA 95405
Outer Santa Rosa


HIGHLIGHTS

  • Recently Updated
  • Units are light and bright
  • Carports
  • Great Location Near Whole Foods

OVERVIEW

Location, location, location! Opportunities like this don't surface often in Bennett Valley, one of Santa Rosa's most sought-after rental markets. The property consists of six well maintained units across two buildings, all 2bd/1ba, with experienced management already in place. All units are currently below market rent. One newly renovated unit is vacant and ready to lease at market rate today, offering immediate income and a clear template for the remaining units. Recent capital improvements include upgraded electrical panels and new fire panels. Covered carport parking and on-site laundry provide tenant amenities and generate additional income. Very well located near Whole Foods and Montgomery Village, with Annadel State Park and parks nearby.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

4.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R3-40, Santa Rosa

APN/PARCEL ID

014-273-042

ASK ABOUT THIS PROPERTY

Alex KolovyanskyVanguard PropertiesMore Info
415-254-8978

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Alex KolovyanskyVanguard PropertiesMore Info
415-254-8978

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.