Multifamily
Walkham Townhomes
801 Dutton Ave, Santa Rosa, CA 95407
Listing Price: $11,250,000
Investment Overview
Walkham Townhomes is a pride of ownership apartment community located in the heart of Santa Rosa, California. The property consists entirely of highly desirable three bedroom, two and one-half bath townhouse style floor plans with an attached garage, large patio, and full-size washer/dryer hookups. The property had extensive renovation in 2018. In 2024, much of the exterior siding was replaced and the entire complex was repainted. At the same time, improvements were made to the landscaping and fence. The unique, desirable floor plans and quiet location have produced a long history of high occupancy. Tenants enjoy the central location just minutes from downtown with easy access to both Highways 101 and 12.
Walkham Townhomes
Investment Highlights
- Excellent Assumable Financing At Below Current Rates: Interest-Only Payments at 3.93%. Principal Balance Not Due Until December 1, 2029. Cash on Cash Return: 12.78%
- All Highly Desirable Three Bedroom/Two and One-Half Bath Townhouse Units With Full Size Washer /Dryer Hookups in Each Unit, Attached Garage And Large Patio.
- Extensively Renovated in 2018: Completely New Kitchens With Stainless Steel Appliances; New Wood-Like Flooring Throughout; Granite Counter-Tops and Cabinets In Kitchen and Baths; Full Size Washer/Drye
- Units are Individually Metered for Water. Tenants Pay Water/Sewer Bill Directly to City.
- Potential Conversion To PUD (Planned Unit Development) Presents Additional Exit Strategy Of Selling The Individual Units To Enhance Profits At Resale.
Exclusively Listed By
Listing Price: $11,250,000
Investment Highlights
- Excellent Assumable Financing At Below Current Rates: Interest-Only Payments at 3.93%. Principal Balance Not Due Until December 1, 2029. Cash on Cash Return: 12.78%
- All Highly Desirable Three Bedroom/Two and One-Half Bath Townhouse Units With Full Size Washer /Dryer Hookups in Each Unit, Attached Garage And Large Patio.
- Extensively Renovated in 2018: Completely New Kitchens With Stainless Steel Appliances; New Wood-Like Flooring Throughout; Granite Counter-Tops and Cabinets In Kitchen and Baths; Full Size Washer/Drye
- Units are Individually Metered for Water. Tenants Pay Water/Sewer Bill Directly to City.
- Potential Conversion To PUD (Planned Unit Development) Presents Additional Exit Strategy Of Selling The Individual Units To Enhance Profits At Resale.
Investment Overview
Walkham Townhomes is a pride of ownership apartment community located in the heart of Santa Rosa, California. The property consists entirely of highly desirable three bedroom, two and one-half bath townhouse style floor plans with an attached garage, large patio, and full-size washer/dryer hookups. The property had extensive renovation in 2018. In 2024, much of the exterior siding was replaced and the entire complex was repainted. At the same time, improvements were made to the landscaping and fence. The unique, desirable floor plans and quiet location have produced a long history of high occupancy. Tenants enjoy the central location just minutes from downtown with easy access to both Highways 101 and 12.
Exclusively Listed By
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