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Listed by Dimitri Rigopoulos Vanguard Properties
$ 3,850,000
Est. payment /mo
New
6015 Montecito BLVD Santa Rosa, CA 95409
0.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326054516
HOA Y/N No
Year Built 1968
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Hotel/Motel
Property Description
An Exceptional Multifamily Investment Opportunity in one of Santa Rosa's most desirable residential neighborhoods. Bridgewood Apartments presents a rare opportunity to acquire a well-maintained 14-unit multifamily community in the highly sought-after Rincon Valley neighborhood. The property offers current strong in-place income, stable occupancy, and attractive long-term upside. Many of the units have been tastefully upgraded with high-end appliances and beautiful finishes throughout, while additional capital improvements have also been completed across the property, enhancing both tenant appeal and long-term value. Residents benefit from convenient access to shopping, dining, transportation, quality schools, and major employment centers. With a current NOI of approximately $232k at an attractive 6.0 Cap Rate, this offering is ideally suited for 1031 exchange buyers, private investors, and those seeking a quality income-producing asset in Sonoma County's thriving rental market.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Exterior
Utilities Available Internet Available, Underground Utilities
Waterfront Description Public
Road Frontage City Street
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 182140001000
Security Features Fire Alarm,Fire Extinguisher,Smoke Detector(s)
Special Listing Condition Other
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