1000 Ripley St - Apartments FOR SALE


Santa Rosa, CA 95401
$1,475,000 USD
650-867-3876
1000 Ripley St, Santa Rosa, CA for Sale
$1,475,000 USD
Apartments - FOR SALE
1/18
null | 5.91% Cap Rate

1000 Ripley St
Santa Rosa, CA 95401


OVERVIEW

Discover a prime investment gem nestled in the heart of one of the most sought-after rental submarkets in the North Bay. This property boasts a four-unit building, each unit featuring two bedrooms and one bathroom, alongside a charming single-family home with two bedrooms and one bathroom. Step into the future of modern living with the four-unit building's spacious layouts designed to cater to a diverse tenant base. Each unit showcases well-appointed kitchens, cozy living areas, and ample storage, while large windows flood the interiors with natural light, creating a welcoming ambiance. Unlock the hidden value of the single-family home, offering a private retreat perfect for small families or individuals seeking a standalone sanctuary. With two comfortable bedrooms, a full bathroom, a bright living room, and a functional kitchen, this home complements the property's appeal and investment potential. Embrace the lucrative opportunities in this high-demand rental market, where quality tenants are drawn to the property's proximity to top-rated schools, convenient public transportation, shopping hubs, and recreational facilities. With a mix of multiple rental units and a single-family home, investors can enjoy a stable income stream and substantial growth prospects.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

5

PRICE/UNIT

$295,000

CAP RATE

5.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CITYSR

APN/PARCEL ID

010-111-008

ASK ABOUT THIS PROPERTY

Michael WilliamsExcellerate Real EstateMore Info
650-867-3876

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Michael WilliamsExcellerate Real EstateMore Info
650-867-3876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.