1570 North St, Santa Rosa, CA 95404

Sqft
31,600

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Listed byCBRE, Inc.
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Overview

North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250,000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2,384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
31,600
Lot size (acres)
1.14
Year built
1960

Utilities

Heating
Electric
Cooling
Other
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: ML82046785 Last checked:

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