Apartment Buildings /CA /Sonoma County /Santa Rosa /429 8th St
Apartment Buildings /CA /Sonoma County /Santa Rosa /429 8th St

429 8th St - Apartments FOR SALE


Santa Rosa, CA 95401- St Rose | 
$1,675,000 USD
707-694-1619
429 8th St, Santa Rosa, CA for Sale
$1,675,000 USD
Apartments - FOR SALE
1/7
null | 5.74% Cap Rate
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429 8th St
Santa Rosa, CA 95401
St Rose

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HIGHLIGHTS

  • Well-maintained seven-unit apartment property
  • Located in the heart of downtown Santa Rosa
  • Units are served by in-unit washer and dryer
  • Building is fire sprinklered
  • Features eight on-site parking spaces
  • Features a 2018 composite shingle roof

OVERVIEW

Ludwig Apartments delivers stabilized cash flow with defined near-term upside, offering a 5.74% cap rate on in-place income with increases already allowable under statewide rent control.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

7

PRICE/UNIT

$239,286

CAP RATE

5.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ludwig Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R-3-18

APN/PARCEL ID

010032015

ASK ABOUT THIS PROPERTY

Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

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Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

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

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