Cotati Apartment Buildings for Sale

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Property Photo 14 photos
14 photos

7890 Old Redwood Highway

7890 Old Redwood Highway, Cotati, CA 94931

27,490 SF$5,250,000

Multi-Family

Marcus & Millichap is pleased to offer 7874-7890 Old Redwood Highway, Cotati, a 32-unit residential, 5-unit retail, mixed-use property with adjourning parcel. The property presents an excellent value-add opportunity to acquire a quality asset in a desirable location in Sonoma County. The subject property is located ΒΌ mile from the center of Cotati, with close proximity to neighboring Rohnert Park. There are a total of five buildings comprising approximately 27,490 total square feet, situated on 1.75 acres of land. In addition, the offering includes an undeveloped, separate parcel of approximately .87 acres of land. In total, the property encompasses 2.62 areas of land in growing community of Cotati. This investment offers an above-average rate of return on an attractive mix of multifamily units, combined with stable retail tenants. There are opportunities for significant increases in rental income and efficiencies of management, which will allow for substantial increase valuation. 7874-7890 Old Redwood Highway will provide investors an excellent opportunity to add value to a well-located property.

Cotati Apartment Buildings for Sale

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