About 725 W College Ave
Cedarwood Apartments is a 35-unit, condo-mapped multifamily community on 2.80 acres in central Santa Rosa, offered for purchase individually or as a portfolio with North Street Apartments (1570 North Street, Santa Rosa) The property features a 3BR-heavy unit mix 25 three-bed/2.5-bath townhome-style units averaging 1,230 SF and 10 two-bed flats with individual furnaces, individual hot water heaters, attached garages, and a pool. In-place rents average $2,854, leaving 9% of mark-to-market upside ($253/unit) and an additional $268/unit achievable through interior renovations and exterior siding upgrades. The condo map provides flexible long-term exit optionality. 97% occupied and immediate proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
Features of 725 W College Ave
| MLS® # | ML82046798 |
|---|---|
| Price | $11,800,000 |
| Square Footage | 39,250 |
| Acres | 2.80 |
| Year Built | 1985 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 725 W College Ave |
|---|---|
| Area | Santa Rosa-Northwest |
| City | SANTA ROSA |
| County | Sonoma |
| State | CA |
| Zip Code | 95401 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Garages | Attached Garage, Covered Parking |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Roof | Flat / Low Pitch |
|---|---|
| Foundation | Crawl Space |
Additional Information
| Zoning | CITYSR |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Adam Foley |
|---|---|
| Office | CBRE, Inc. |
| Contact Info | 415-535-7414 |