8020-8050 Beverly Dr - Apartments FOR SALE


Rohnert Park, CA 94928
$9,448,888 USD
415-747-2150
8020-8050 Beverly Dr, Rohnert Park, CA for Sale
$9,448,888 USD
Apartments - FOR SALE
1/35
null | 5.52% Cap Rate

8020-8050 Beverly Dr
Rohnert Park, CA 94928


HIGHLIGHTS

  • Excellent Rohnert Park Location
  • Rental Upside
  • Well-Maintained Complex
  • Swimming Pool, Laundry Facilities, Tenant Storage
  • New Exterior Paint / Parking Lot Resealed & Striped
  • Desirable Sonoma County Location

OVERVIEW

**Marketing Package Available Upon Request** Introducing a rare investment opportunity in the heart of Rohnert Park, California—this well-maintained 40-unit apartment complex is the perfect addition to your real estate portfolio. Located conveniently between Santa Rosa and Petaluma in coveted Sonoma County, the property features a desirable mix of 26 one-bedroom units and 14 two-bedroom units, offering flexibility and appeal to a broad range of tenants. The property boasts numerous features designed to enhance both tenant satisfaction and owner profitability. Residents enjoy access to a refreshing swimming pool, on-site laundry facilities, and individual storage spaces, adding convenience and value to their living experience. Additionally, there are ample covered and surface parking spaces, ensuring that all tenants have easy access to on-site parking. The complex is also equipped with separate gas and electric meters for each unit. The exterior of the property has been recently updated with fresh paint, giving it a modern and well-maintained appearance. The parking lot was just resealed and striped, providing a clean, organized environment for residents and guests. Two of the four buildings have newer roofs, offering peace of mind and reducing potential future maintenance costs. The apartment complex is located just moments away from Sonoma State University, the Spreckels Performing Arts Center, Foxtail Golf Club, the East Cotati Ave SMART station, and a variety of retail and dining options, ensuring a steady demand for rental units in this highly sought-after area. With its excellent location, robust amenities, and strong tenant appeal, this apartment complex is a must-see for anyone looking to secure a profitable real estate investment in one of Northern California’s most attractive rental markets.

FOR SALE DETAILS

PRICE

$9,448,888 USD

PRICE/SF

$372 USD /SF

# OF UNITS

40

PRICE/UNIT

$236,222

CAP RATE

5.52%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beverly Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

-

APN/PARCEL ID

143-075-001,143-075-002,143-075-003

ASK ABOUT THIS PROPERTY

Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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