8690 Old Redwood Hwy - Apartments FOR SALE


Windsor, CA 95492
$2,750,000 USD
415-259-9891
8690 Old Redwood Hwy, Windsor, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/23
null | 6.23% Cap Rate

8690 Old Redwood Hwy
Windsor, CA 95492


OVERVIEW

Showing Monday 5/18 10am-12pm by appointment only - do not disturb tenants. Located in the vibrant town of Windsor, just south of Healdsburg, Redwood Townhomes is a rare investment opportunity featuring seven thoughtfully designed townhomes on a large flag lot with dual street access nearby downtown shopping and dining. Comprised of four-3bedx1.5bath and three-2bedx1.5bath townhomes built in 1990, each unit is individually metered for utilities (paid by tenant) and features lower level with living/dining combo, kitchen with gas range, dishwasher and access to private enclosed yard, half bath and laundry hookups, upper level bedrooms and bathroom, and a detached garage. Five of the seven units have been renovated with luxury plank flooring, shaker kitchen cabinetry, quartz countertops, tiled backsplash, stainless appliances, tiled bathroom flooring, new vanity and tub/shower surround. With strong fundamentals and a starting Cap Rate of 6.23%, this opportunity won't be available for long!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$385 USD /SF

# OF UNITS

7

PRICE/UNIT

$392,857

CAP RATE

6.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R3, Windsor

APN/PARCEL ID

164-040-029

ASK ABOUT THIS PROPERTY

Kate Raphael SmithNorCal Commercial, Inc.More Info
415-259-9891

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Kate Raphael SmithNorCal Commercial, Inc.More Info
415-259-9891

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