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Multifamily

Bridgewood Apartments

6015 Montecito Blvd, Santa Rosa, CA 95409

Listing Price: $3,995,000

Cap Rate
5.50%
Number of Units
14
GRM
11.76
Occupancy
97.0%
Price/Unit
$285,357
Price/Gross SF
$350.44
Gross SF
11,400

Investment Overview

Bridgewood Apartments is a turnkey 14-unit multifamily community in the highly desirable Rincon Valley neighborhood of northeast Santa Rosa. The property features eight spacious 2-bed/1-bath units and six 1-bed/1-bath units, offering an ideal mix for renters. Substantial capital improvements have already been
completed, including a new roof, new electrical main panels and subpanels, and renovations to 10 of the 14 units—providing immediate appeal and long-term durability.

Tenants enjoy excellent walkability, with a major grocery store, neighborhood restaurants, and shopping less than half a mile away. Families are drawn to the area’s top-ranked elementary, middle, and high schools, all within 1.5 miles. With plentiful parking, strong neighborhood fundamentals, and diligent upkeep,
Bridgewood Apartments represents a great opportunity to acquire a well maintained, income-generating asset in a prime Santa Rosa location.

Investment Highlights

  • 14-Unit Apartment Complex in Rincon Valley – Featuring 8 two-bedroom and 6 one-bedroom units in a sought-after Santa Rosa neighborhood.
  • Major Upgrades Completed – New roof, electrical main panels, and subpanels ensure long-term durability and reduced capital needs.
  • Value-Add Potential – 10 of 14 units already remodeled, with room to add further upside through additional renovations.
  • Prime Location – Less than half a mile from grocery, dining, and shopping; 1.5 miles from Santa Rosa's top-rated schools.
  • Investor-Friendly Asset – Well-maintained property with ample parking, strong renter demand, and stable neighborhood fundamentals.

Exclusively Listed By

Multifamily

Bridgewood Apartments

Listing Price: $3,995,000

Cap Rate
5.50%
Number of Units
14
GRM
11.76
Occupancy
97.0%
Price/Unit
$285,357
Price/Gross SF
$350.44
Gross SF
11,400

Investment Highlights

  • 14-Unit Apartment Complex in Rincon Valley – Featuring 8 two-bedroom and 6 one-bedroom units in a sought-after Santa Rosa neighborhood.
  • Major Upgrades Completed – New roof, electrical main panels, and subpanels ensure long-term durability and reduced capital needs.
  • Value-Add Potential – 10 of 14 units already remodeled, with room to add further upside through additional renovations.
  • Prime Location – Less than half a mile from grocery, dining, and shopping; 1.5 miles from Santa Rosa's top-rated schools.
  • Investor-Friendly Asset – Well-maintained property with ample parking, strong renter demand, and stable neighborhood fundamentals.

Investment Overview

Bridgewood Apartments is a turnkey 14-unit multifamily community in the highly desirable Rincon Valley neighborhood of northeast Santa Rosa. The property features eight spacious 2-bed/1-bath units and six 1-bed/1-bath units, offering an ideal mix for renters. Substantial capital improvements have already been completed, including a new roof, new electrical main panels and subpanels, and renovations to 10 of the 14 units—providing immediate appeal and long-term durability. Tenants enjoy excellent walkability, with a major grocery store, neighborhood restaurants, and shopping less than half a mile away. Families are drawn to the area’s top-ranked elementary, middle, and high schools, all within 1.5 miles. With plentiful parking, strong neighborhood fundamentals, and diligent upkeep, Bridgewood Apartments represents a great opportunity to acquire a well maintained, income-generating asset in a prime Santa Rosa location.

Exclusively Listed By

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