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Listing 10 out of 380
Sold for $3,930,000 Sold

1109 Evans Drive
Santa Rosa, CA 95405

20 units | Multi Family 5+
0.64 acres - MLS# 21900592
Property Photo

Sold

Sold for $3,930,000 on Jun 6, 2019

Description

20 Unit apartment complex comprised of (5) four-plexes, located all on one parcel in the sought after Montgomery Village area of East Santa Rosa. All twenty units are approximately 600 SF one-bedroom, one-bath townhomes. Newer roofs on all five buildings, newly installed downspouts and gutters, all windows and sliding doors to be upgraded to dual-pane, and glass doors to be added to tub/shower. 14-car carports and ample on-street parking.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Unit 5+
  • Listing Status: Sold
  • Listing Price: $4,400,000
  • County/Area: Sonoma County
  • Zip Code: 95405
  • Year Built: 1962
  • Sq.Ft.: 12,000 sq ft
  • Units: 20 units
  • Lot Size: 0.64 acres
  • Area: Santa Rosa-Southeast
  • # of 1 Bedrooms: 20
  • # of Buildings: 5
  • # of Carport(s): 14
  • #of 1 Bdrms Occupied: 20
  • 1 Bdrm Ann Occupancy: 98.00
  • 1 Bedroom Rent Range: 1315-1550
  • Actual/Projected: Actual
  • Cap Rate: 5.00
  • Est Net Income: 226834.00
  • Est Total Annual Exp: 112826.00
  • Est. Maintenance Exp: 10000.00
  • Est. Management: 20310.00
  • Est. Misc. Expenses: 2400.00
  • Est. Utilities Exp.: 24060.00
  • Expense Source: Owner
  • Exterior: Wood Siding
  • Foundation/Construct: CC Perimeter
  • Gross Scheduled Inc: 339660.00
  • Heat/Cool: Baseboard Heaters, Electric
  • Lot Description: Level
  • Lot Measurement: Acres
  • Lot Size Source: (Realist Public Rec)
  • Lot Size [SqFt]: 27713.00
  • Monthly Expenses: 9402.17
  • Monthly Income: 28305.00
  • On Site Parking: Carports, Off Street
  • Operating Exp Inc: Electricity, Garbage, Gas, Insurance, Maintenance, Management, Miscellaneous, Taxes/Assessments, Vacancy Factor, Water
  • Roof: Composition, Shingle
  • Sale/Lease-Rent: Sale
  • Sewer/Septic: Sewer Public
  • Square Footage Source: Owner
  • Status Date: 2019-06-06
  • Water Source: Water-Public
  • Year Built Source: Realist Public Rec
  • Sold Date: 2019-06-06
  • Sold Price: 3930000.00
Listing Courtesy Of Bhhs Drysdale Properties, Patrick Ripple

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Robin Miller

Robin Miller
RE/MAX Gold
Rohnert Park, CA 94928

707-249-7380
Contact Me
CA DRE# 01435609

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Robin Miller | CA DRE# 01435609 | 707-249-7380 | Contact Me
967 Golf Course Drive - Rohnert Park, CA 94928
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