6015 Montecito Blvd - Apartments FOR SALE


Santa Rosa, CA 95409- Outer Santa Rosa
$3,850,000 USD
760-272-5451
6015 Montecito Blvd, Santa Rosa, CA for Sale
$3,850,000 USD
Apartments - FOR SALE
1/15
null | 6.01% Cap Rate

6015 Montecito Blvd
Santa Rosa, CA 95409
Outer Santa Rosa


HIGHLIGHTS

  • 14 Residential Units
  • Upgraded w High-End Appliances & Modern Finishes Throughout
  • Strong Rental Demand Market
  • On Site Laundry
  • Attractive 6.01% Cap Rate
  • Long Term Appreciation Potential

OVERVIEW

An Exceptional Multifamily Investment Opportunity in one of Santa Rosa’s most desirable residential neighborhoods. Bridgewood Apartments presents a rare opportunity to acquire a well-maintained 14-unit multifamily community in the highly sought-after Rincon Valley neighborhood. The property offers current strong in-place income, stable occupancy, and attractive long-term upside. Many of the units have been tastefully upgraded with high-end appliances and beautiful finishes throughout, while additional capital improvements have also been completed across the property, enhancing both tenant appeal and long-term value. Residents benefit from convenient access to shopping, dining, transportation, quality schools, and major employment centers. With a current NOI of approximately $232k at an attractive 6.0% cap rate, this offering is ideally suited for 1031 exchange buyers, private investors, and those seeking a quality income-producing asset in Sonoma County’s thriving rental market.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

14

PRICE/UNIT

$275,000

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bridgewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,554 SF

ZONING

CITYSR

APN/PARCEL ID

182-140-001

ASK ABOUT THIS PROPERTY

Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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