801 Dutton Ave - Apartments FOR SALE


Santa Rosa, CA 95407- Southwest Santa Rosa
$10,150,000 USD
916-765-9604
801 Dutton Ave, Santa Rosa, CA for Sale
$10,150,000 USD
Apartments - FOR SALE
1/29
null | 5.91% Cap Rate

801 Dutton Ave
Santa Rosa, CA 95407
Southwest Santa Rosa


HIGHLIGHTS

  • All 3 Bedroom 2 1/2 Bath Townhouses with Attached Garages and Washer/Dryer Hookups
  • Assumable 3.93% Loan with Interest Only Payments. All Due in December 2029. Cash on Cash Return 9.83%

OVERVIEW

$600,000 PRICE REDUCTION; 5; 9.1% CAP, 9.83% Cash on Cash Return. Walkham Townhomes is a pride of ownership apartment community located in the heart of Santa Rosa, California. The property consists entirely of highly desirable three bedroom, two and one-half bath townhouse style floor plans with an attached garage, large patio, and full-size washer/dryer hookups. The property had extensive renovation in 2018 and 2024. Tenants enjoy the central location just minutes from downtown with easy access to both Highways 101 and 12. Prime candidate for condo-conversion exit strategy. Excellent Assumable Financing at Below Current Rates: Interest-Only Payments at 3.93%. Principal Balance Not Due Until December 1, 2029. 5.43% CAP Rate. Cash on Cash Return 9.5%

FOR SALE DETAILS

PRICE

$10,150,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

27

PRICE/UNIT

$375,926

CAP RATE

5.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walkham Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

27

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

R3B6, Sonoma County

APN/PARCEL ID

125-231-031

ASK ABOUT THIS PROPERTY

Peter FlisMarcus & Millichap Real Estate Investment ServicesMore Info
916-765-9604

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Peter FlisMarcus & Millichap Real Estate Investment ServicesMore Info
916-765-9604

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