1404 Slater St - Apartments FOR SALE


Santa Rosa, CA 95404- Junior College
$2,495,000 USD
707-508-6390
1404 Slater St, Santa Rosa, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/31
null | 5.67% Cap Rate

1404 Slater St
Santa Rosa, CA 95404
Junior College


OVERVIEW

Welcome to 1404 Slater Street, a prime multi-family investment opportunity in Santa Rosa's highly coveted JC district. With a strong monthly income of $16,950 and a turn-key setup in an ideal central location, it is an excellent addition to any investment portfolio. This well-maintained property features six spacious units: (1) 1-bedroom, 1-bath; (2) 2-bedroom, 1-bath; and (3) 3-bedroom, 2-bath townhome style units. Built in the early 2000s, the complex offers modern construction and thoughtful design, providing the rare chance to own a nearly fully stabilized asset. Each unit is separately metered for water, gas, and electricity, minimizing operational costs and simplifying management. Residents enjoy plentiful parking, including attached garages for all but one unit, plus additional uncovered spaces across the expansive 30,000-square-foot parcel.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

6

PRICE/UNIT

$415,833

CAP RATE

5.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

180-490-069

ASK ABOUT THIS PROPERTY

Isaiah ChassLivxplore Re & LifestyleMore Info
707-508-6390

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Isaiah ChassLivxplore Re & LifestyleMore Info
707-508-6390

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