Mixed-Use
Las Flores Apartments
1015 S A St, Santa Rosa, CA 95404
Listing Price: $4,500,000
Investment Overview
Las Flores Apartments is an exceptional mixed-use investment opportunity consisting of 14 multifamily units and 1 retail suite in the thriving city of Santa Rosa, CA.
Situated on a parcel of land totaling 25,569 square feet, the subject property features a gross building area of approximately 8,500* square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite. The subject property offer efficient financial management, with tenants individually billed for waste removal, and water and sewer expenses are reimbursed.
Las Flores Apartments has recently undergone extensive capital improvements amounting to over $975k. Improvements include new awnings, new rain gutters, a new roof, exterior paint, siding, windows, and doors. Additionally all units have been extensively renovated. Las Flores Apartments is located in the heart of Santa Rosa and is situated nearby Santa Rosa Marketplace, featuring a myriad of dining, shopping, and entertainment options. Santa Rosa offers residents an ideal location right by world famous wine pockets of Napa and Sonoma. The subject property is served by the major transportation corridors of U.S. Highway 101, California State Route 12, and California State Route 116 providing tenants easy access around the Bay Area.
The investment appeal of this asset is driven by Santa Rosa's strong employment fundamentals and low vacancy levels. With a world-class location in Northern California, Las Flores Apartments presents an attractive choice for Sonoma County renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Las Flores Apartments
Investment Highlights
- Rare Santa Rosa Investment Opportunity - Investors have the opportunity to acquire an exceptional mixed-use investment located in the thriving city of Santa Rosa, CA.
- Minimal Owner Responsibility – Investors benefit from simplified financial management, as tenants are individually billed for waste removal, and water and sewer expenses are reimbursed.
- Desirable Unit Mix - Las Flores Apartments offers renters beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite.
- Extensive Capital Improvements - Las Flores Apartments has undergone significant capital improvements including new awnings, new rain gutters, a new roof, exterior paint, siding, windows, door, and unit renovations. Total capital expenditures amount to over $975k.
- Major Transportation Corridors - The subject property is served by the major transportation corridors of U.S. Highway 101, California State Route 12, and California State Route 116 providing tenants easy access around the Bay Area.
Exclusively Listed By
Listing Price: $4,500,000
Investment Highlights
- Rare Santa Rosa Investment Opportunity - Investors have the opportunity to acquire an exceptional mixed-use investment located in the thriving city of Santa Rosa, CA.
- Minimal Owner Responsibility – Investors benefit from simplified financial management, as tenants are individually billed for waste removal, and water and sewer expenses are reimbursed.
- Desirable Unit Mix - Las Flores Apartments offers renters beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite.
- Extensive Capital Improvements - Las Flores Apartments has undergone significant capital improvements including new awnings, new rain gutters, a new roof, exterior paint, siding, windows, door, and unit renovations. Total capital expenditures amount to over $975k.
- Major Transportation Corridors - The subject property is served by the major transportation corridors of U.S. Highway 101, California State Route 12, and California State Route 116 providing tenants easy access around the Bay Area.
Investment Overview
Las Flores Apartments is an exceptional mixed-use investment opportunity consisting of 14 multifamily units and 1 retail suite in the thriving city of Santa Rosa, CA. Situated on a parcel of land totaling 25,569 square feet, the subject property features a gross building area of approximately 8,500* square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite. The subject property offer efficient financial management, with tenants individually billed for waste removal, and water and sewer expenses are reimbursed. Las Flores Apartments has recently undergone extensive capital improvements amounting to over $975k. Improvements include new awnings, new rain gutters, a new roof, exterior paint, siding, windows, and doors. Additionally all units have been extensively renovated. Las Flores Apartments is located in the heart of Santa Rosa and is situated nearby Santa Rosa Marketplace, featuring a myriad of dining, shopping, and entertainment options. Santa Rosa offers residents an ideal location right by world famous wine pockets of Napa and Sonoma. The subject property is served by the major transportation corridors of U.S. Highway 101, California State Route 12, and California State Route 116 providing tenants easy access around the Bay Area. The investment appeal of this asset is driven by Santa Rosa's strong employment fundamentals and low vacancy levels. With a world-class location in Northern California, Las Flores Apartments presents an attractive choice for Sonoma County renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Exclusively Listed By
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