801 Dutton Ave - Apartments FOR SALE


Santa Rosa, CA 95407- Southwest Santa Rosa | 
$9,995,000 USD
916-765-9604
801 Dutton Ave, Santa Rosa, CA for Sale
$9,995,000 USD
Apartments - FOR SALE
1/16
null | 5.73% Cap Rate

801 Dutton Ave
Santa Rosa, CA 95407
Southwest Santa Rosa


HIGHLIGHTS

  • Excellent In-Place Financing At Below Market Rates: 33% Down; Assume Loan of $6,740,000; 3.93% Interest Only Payments; 9.45% Return; Due 12/2029
  • Highly Desirable 3 Bedroom/2 1/2 Bath Townhomes with Attached Garage with Interior Entry; Large Patio, Full-Size Washer/Dryer Hookups
  • Quiet, peaceful location on flag lot with beautiful picnic area and playground. Minutes to downtown and easy access to Highways 101 and 12.
  • Units are Individually Metered for Utilities. Tenants Pay Water/Sewer Bill Directly to City
  • Potential Conversion to PUD (Planned Unit Development) Presents Additional Strategy of Selling the Individual Units to Enhance Profits at Resale

OVERVIEW

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. In 2024, much of the exterior siding was replaced and the entire complex was repainted. At the same time, improvements were made to the landscaping and fence. The unique, desirable floor plans and quiet location have produced a long history of high occupancy. Tenants enjoy the central location just minutes from downtown with easy access to both Highways 101 and 12.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

27

PRICE/UNIT

$370,185

CAP RATE

5.73%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walkham Townhomes

PROPERTY TYPE

Multi-Family

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.