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Multifamily

Walkham Townhomes

801 Dutton Ave, Santa Rosa, CA 95407

Listing Price: $12,000,000

Cap Rate
4.21%
Number of Units
27
Occupancy
100.0%
Price/Unit
$444,444

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 and has a long history of high occupancy. Tenants enjoy the central location just minutes from downtown with easy access to Highways 101 and 12. The buyer can assume the attractive in-place loan with interest-only payments of 3.93 percent for over seven years.

Investment Highlights

  • Attractive Assumable Financing: Interest-Only Payments at 3.93 Percent for Over Seven Years. Principal Balance Not Due Until December 1, 2029
  • 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, Full Size Washer/Dryer Hookups, and Exterior Paint
  • Recently Completed Conversion to PUD ( Planned Unit Development) Presents Additional Exit Strategy by Selling the Individual Units to Enhance Profits at Resale

Exclusively Listed By

Financing By

Multifamily

Walkham Townhomes

Listing Price: $12,000,000

Cap Rate
4.21%
Number of Units
27
Occupancy
100.0%
Price/Unit
$444,444

Investment Highlights

  • Attractive Assumable Financing: Interest-Only Payments at 3.93 Percent for Over Seven Years. Principal Balance Not Due Until December 1, 2029
  • 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, Full Size Washer/Dryer Hookups, and Exterior Paint
  • Recently Completed Conversion to PUD ( Planned Unit Development) Presents Additional Exit Strategy by 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 and has a long history of high occupancy. Tenants enjoy the central location just minutes from downtown with easy access to Highways 101 and 12. The buyer can assume the attractive in-place loan with interest-only payments of 3.93 percent for over seven years.

Exclusively Listed By

Financing By

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