7425 Camino Colegio - Apartments FOR SALE


Rohnert Park, CA 94928
$15,100,000 USD
415-229-1245
7425 Camino Colegio, Rohnert Park, CA for Sale
$15,100,000 USD
Apartments - FOR SALE
1/7
null | 5.96% Cap Rate

7425 Camino Colegio
Rohnert Park, CA 94928


OVERVIEW

7425 Camino Colegio is a beautifully maintained 61 unit multi family property in Rohnert Park California. This multifamily asset represents a mid-scale investment opportunity perfectly positioned for long-term growth near Sonoma State University. The property features a diverse and highly marketable unit mix consisting of 2 three bedroom/one and a half bath apartments, 15 two bedroom/one and a half bath apartments, 32 two bedroom/one bath apartments, and 12 one bedroom/one bath apartments. The units have been updated to varying degrees. Most units are equipped with dishwashers, formica or quartz countertops, and private outdoor spaces including decks, balconies, or patios. Investor value is significantly enhanced by recent capital improvements to the south side buildings, which boast brand-new siding, decks, sliding glass doors, and fresh exterior paint. Situated on a sprawling lot with lush, irrigated landscaping, the complex offers 122 off-street parking spaces, including 28 carports, 34 awning-covered spots, and 60 uncovered surface spaces. There are 8 total buildings serviced by two card-operated laundry facilities. With individual water heaters, forced-air heat, and units separately metered for gas and electricity, the property's efficient utility structure and modernized exterior make it a standout acquisition in an excellent Rohnert Park location.

FOR SALE DETAILS

PRICE

$15,100,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

61

PRICE/UNIT

$247,541

CAP RATE

5.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Meadows Apts - 61 Unit 8 Bld Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

122

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

CITYRP

APN/PARCEL ID

158-310-059

ASK ABOUT THIS PROPERTY

Daniel McGueColdwell Banker Commercial RealtyMore Info
415-229-1245

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Daniel McGueColdwell Banker Commercial RealtyMore Info
415-229-1245

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