8585 Old Redwood Hwy - Apartments FOR SALE


Windsor, CA 95492
$2,150,000 USD
707-694-1619
8585 Old Redwood Hwy, Windsor, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/9
null | 5.75% Cap Rate

8585 Old Redwood Hwy
Windsor, CA 95492


HIGHLIGHTS

  • The property consists of two residential buildings arranged around a landscaped central courtyard.
  • Every unit features a full kitchen, living room, fenced private rear patio, and in-unit washer/dryer hookups.
  • Every unit has its own private covered garage.
  • Recently improved landscaping with fresh bark, mulch, new plantings, and mature shade trees gives the grounds a relaxed, residential feel.

OVERVIEW

W Commercial Real Estate is pleased to present 8585 Old Redwood Highway for sale — Windsor Creek Apartments, an eight-unit multifamily property in the heart of Windsor. All eight units are two-bedroom, one-bath floor plans, each with a private single-car garage, in-unit washer/dryer hookups and a fenced rear patio, set around a recently improved landscaped courtyard. At $268,750 per door and a 5.75% cap rate on in-place income, the offering delivers stable, fully occupied cash flow with built-in upside: rent increases already allowable under statewide rent control lift the proforma cap rate to 6.38% with no capital investment.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

8

PRICE/UNIT

$268,750

CAP RATE

5.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor Creek Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

R-3-18

APN/PARCEL ID

164080037

ASK ABOUT THIS PROPERTY

Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

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

Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

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