Santero Lofts is a boutique, luxury multifamily property offering modern loft living in the heart of Sonoma County. Fully occupied, and in immaculate condition, Santero Lofts is a rare investment asset in the North Bay market due to it's size, quality, and flexibility of exit options. The 14 lofts are individual condominiums making them exempt from California's AB1482 rent control law*. Further, the lofts can be sold individually at an estimated 20% premium above the list price, offering a lucrative exit option for certain investors. For buy and hold investors, there is an estimated 34% rental upside to be achieved at market rents. The Cap Rate and GRM shown are based on the property operating at market rents. Please request the offering memorandum for further details. Built in 2006, the lofts offer unparalleled finishes in the local rental market. 19 foot ceilings soar over polished concrete floors, while oversized windows flood the lofts with natural light. Large walk-in closets and massive jacuzzi-style tubs complement the sleeping area in each unit. The kitchens are fully equipped and have stunning cabinetry and granite countertops. Immediately adjacent to the buildings is a beautiful private park for tenant enjoyment - six of the lofts open up directly to the park providing tenants the best of indoor/outdoor living. Rarely do you find such a high quality investment property at this scale and with such prolific upside. Santero Lofts is an ideal investment opportunity for the following investor profiles: - Active investors that can arbitrage the value of buying the condominiums in bulk and re-selling them individually. - Investors with estate planning needs that would benefit from the ability to transfer the units individually to multiple beneficiaries. - Long-term investors seeking a pride-of-ownership property that is low maintenance, unconfined by rent control and comes with a waiting list of hopeful tenants. * Interested parties must consult an attorney to confirm this exemption under CA AB1482.