Massive $500K Price Reduction! Now at 15.05% projected Cap Rate. Well configured for repositioning into assisted living memory care facility with minor building and site modifications, capable of accommodating 16-28 residents. SFR on front of site would also house residents in the bedrooms and serve as administrative office. The lovely, centralized, landscaped area to the rear of the main house could be made an inviting public space for all residents to enjoy. Four memory facilities surveyed in Santa Rosa reported 100% occupancy with a waiting list. Demand for this type of specialized housing makes conversion of this property a lucrative investment opportunity for a savvy investor. Use permit and zoning to be verified by all prospective buyers with City of Santa Rosa. Operator must comply with regulations from the Department of Social Services.
Four 4-plexes (16 units total) on four separate parcels in an unincorporated area adjacent to Southwest Santa Rosa, located at the end of a quiet and private lane off of Moorland Ave. All units are large two bedroom, one bathroom units. Property features three parking spaces per unit, separate meters for gas and electric, individual tenant storage, individual water heaters, and on-site coin-operated washers and dryers. Property has additional development potential with the possibility to develop into 5 parcels and 20 units. 3200 Moorland has an extra large parcel that qualifies for an additional affordable housing 4-plex. Project has been issued a Utility Certificate from the City of Santa Rosa and has been approved by the County Design Review Committee subject to meeting the standard conditions of approval. Excellent tenant base. 100% occupancy. Great investment opportunity!
CALL FOR OFFERS - MAY 31st by 5pm! Bradley Real Estate is pleased to present Magnolia Place Apartments, A spectacular new twenty unit apartment complex, located just north of downtown Santa Rosa. Priced at $6,600,000, the property offers an outstanding mix of sixteen 1008 square foot 2 bedroom 2 bathroom units and four 1,296 square foot 3 bedroom 2 bath units situated on a 1.22 acre level site.
Commercial and/or Residential with Development Potential For Sale 4,343± sf Total in 3 Buildings on 32,234± sf (3/4± acre) Lot with 18± Parking Stalls. 2,941± sf 2-Story Commercial/Residential Building - Currently Demised into 3 Units. Three 22' x 15' 1/3' Storage Units/Garages = 1,012± sf. A 26' x 15' Storage Building = 390± sf. Circa Late 1800's Aesthetically Charming High Quality & Stately Architecture - New Roof, Redwood Siding & Construction with Stylish Old-Time Front Porch & Rear Deck - Surrounded by Mature Landscaping & Trees (Oaks & Redwood) - Stylish Wrought Iron/Stone Fence & Electric Gate Entry. DEVELOPMENT POTENTIAL: Zoning Development Standards for Commercial/Office (CO) Zoning Includes: 65% Maximum Lot Coverage - subject to 5' - 15' setbacks, parking & height. 35' maximum height - 3 stories. 30 units per acre maximum residential density. CO Zoning Allows for Office, Medical, Retail, Restaurant, Residential or Multi-Family.
Side by side duplex. 3 bedroom 2 bath and 2 bedroom 1 bath units. Private yards and fenced with carports. Tenant occupied. Near downtown Santa Rosa and easy commute. Great investor property or extended family. Home and Pest reports on file.
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Bradley Real Estate is pleased to present The North Street Apartments, A thirty two unit apartment complex located just north of downtown Santa Rosa. Priced at six million two hundred and fifty thousand dollars, the property offers an outstanding mix of (23) 990 square foot 2-bedroom 1 bathroom townhomes, (8) 875 square foot 2-bedroom 1 bathroom flats, and (1) one bedroom one bathroom non-conforming apartment . Located just North of downtown Santa Rosa and the thriving Courthouse Square retail district featuring national retail tenants, including Apple, Macy' s, Target and Best Buy and great local businesses like Norcal Bike, Bike Peddler, Russian River brewing Company and Mac' s Deli. The North Street Apartments consists of eight two story wood-frame apartment buildings on 1.14 acres. The community features a swimming pool and laundry room with 4 washers and 4 dryers which are leased. Built in approximately 1970, the North Street Apartments feature huge generous floor plans. Unit features include floor plans ranging in size from 875 square foot to 990 square, spacious electric kitchens, copper plumbing, electric heat, and central hot water heating.